Search our Site

May
07

Youth-led Business: Investing in the Future

YouLead Cuso International

***This blog was originally posted on YouLead's Facebook Page, by Author Chris Stanley***

When the labour market fails industrious youth often seek to stand on their own. However, young entrepreneurs face numerous barriers; one major challenge is access to finance. Kate Ekpeyong, can stand proud as a woman entrepreneur who is proving to both peers and financial institutions that the youth of Cross River State are a worthwhile investment.

Continue reading
  1141 Hits
0 Comments
1141 Hits
  0 Comments
May
07

Building peace through entrepreneurship

Soy flower

There are more similarities between farming and selling books than you might think.

Entrepreneurs all over the world are providing for their families and communities as they design, launch and run their businesses. With dedication and passion for their work, they build capacity, instill agency and create a robust economy.

This happens all over the world every day.

 

Continue reading
  807 Hits
0 Comments
807 Hits
  0 Comments
May
02

Respecting the environment isn’t just good for our planet, it’s good for business

CHC

In Canada, summer will soon be upon us. As temperatures rise, over 55% of households across Canada will turn on their air conditioners.

Between 1928 and 2010, the most common coolant in our air conditioners and fridges was Freon, a refrigerant comprised of chlorine, fluorine and carbon – or chlorofluorocarbon (CFC). Although Freon was most commonly used in refrigeration, it was also widely used in aerosol-spray containers. Due to its negative impact on the earth's ozone layer, the Canadian government began to phase it out in 2010. 

Continue reading
  1061 Hits
0 Comments
1061 Hits
  0 Comments
Apr
30

MEDA launches innovation fund in Myanmar

Myanmar farmer

Myanmar is a country in transition. After emerging from decades of relative isolation, Myanmar is becoming an important economic actor in Southeast Asia.

With funding from Canada and MCIC (Manitoba Council for International Cooperation), MEDA (Mennonite Economic Development Associates) is implementing a five-year project in Myanmar aimed at increasing women’s participation in the country’s evolving economy and becoming active, respected and empowered economic actors and leaders.

Continue reading
  1009 Hits
0 Comments
1009 Hits
  0 Comments
Apr
24

How do you measure happiness? We find the answer in Ukraine.


Ukraine

What is happiness?

Is it a feeling? A choice?

What brings people happiness?

These are questions that inspired MEDA’s Ukrainian Horticulture Business Project (UHBDP) team to create a happiness survey for their clients.

Continue reading
  1123 Hits
0 Comments
1123 Hits
  0 Comments
Apr
20

Nigeria WAY digs into Earth Day

Earth Day

When you think of plastic, what springs to mind?

A plastic water bottle?

Packaging?

A toy?

Since its inception in 1907, plastic has become an international phenomenon with increasing global ramifications.

This year, Earth Day is a call to action to end plastic pollution. Our consumption of plastics is poisoning our oceans and land – injuring marine life and affecting the health of our communities.

Continue reading
  910 Hits
0 Comments
910 Hits
  0 Comments
Apr
13

Green Finance, why it matters.

Kenya Green Microfinance

Temperatures are breaking records around the world. In fact, Earth’s global surface temperatures in 2017 ranked as the second warmest since 1880, according to an analysis by NASA. When temperatures rise, ice melts and water from glaciers and ice caps flows to the seas. When ocean water warms, it expands in volume and, consequently, sea level rises. Warmer seas also mean more precipitation, and sea level rise is more likely to make future coastal storms, including hurricanes, more damaging. [1] It is no coincidence that hurricanes occurring in some regions including the North Atlantic have increased in intensity over the past two to three decades.

Continue reading
  1322 Hits
0 Comments
1322 Hits
  0 Comments
Apr
05

Canadian government commits over $873M for blended finance initiatives. Here’s why that’s good news for MEDA.

Myanmar

According to the United Nations Conference on Trade and Development (UNCTAD), in order to achieve the Sustainable Development Goals (SDGs) by 2030, it will take between $5 - $7 trillion US. On their own, current levels of Official Development Assistance are not enough, resulting in an investment gap in developing countries of about $2.5 trillion.

That’s a challenge. But MEDA, in partnership with Global Affairs Canada, is tackling this issue head on through blended finance.

Continue reading
  1090 Hits
0 Comments
1090 Hits
  0 Comments
Apr
05

MEDA launches GEM Framework to empower women through business growth and impact

Gender Equality Mainstreaming Framework

Women are key drivers of economic growth, engaging in business as consumers, employees, leaders, suppliers and community stakeholders. Yet, women are frequently overlooked and underrepresented in the private sector throughout the world. 2017 marked the first year that the Global Gender Gap – an index measuring 144 countries’ gender disparity in health, education, politics and the workplace – worsened since its inception in 2006 (WEF). Recent events like the #MeToo campaign signal a sea of change for the world, including the corporate sphere. This is good news, since $28 trillion could be added to annual global GDP by 2025 if women participated in the economy at the same level as men (McKinsey, 2015). Businesses and investors who seek to understand and respond to the barriers women face will be rewarded – both in terms of growth and impact. 

Continue reading
  918 Hits
0 Comments
918 Hits
  0 Comments
Mar
28

All hands on deck for international social enterprise

HITCH deployment Nigeria

Uche Onuora is the Co-Founder of HITCH, a start-up out of Velocity, a leading entrepreneurship program at the University of Waterloo. HITCH has developed technology to provide internet services in rural Africa, where broadband data is incredibly expensive. MEDA is excited about this emerging technology and the opportunity to explore its use in upcoming projects. 

To a casual observer skimming news headlines it may appear that the world is heading in the wrong direction. But look deeper and you will see that humanity is on the precipice of achieving something unprecedented: the elimination of extreme poverty in the next two decades.

Continue reading
  1476 Hits
0 Comments
1476 Hits
  0 Comments
Mar
27

International Women’s Day: Bauchi women leaders #PressForProgress

Nigerian muslim girls

To mark International Women’s Day 2018, MEDA is highlighting important issues and voices around women’s economic empowerment and gender equality in the area of economic development. This is the fifth in our “Press for Progress” blog series celebrating the power of women entrepreneurs and their partners around the world.

At MEDA, we are proud to hire local staff in our offices around the world. Our Nigeria office is no exception.

Continue reading
  862 Hits
0 Comments
862 Hits
  0 Comments
Mar
20

International Women's Day in Myanmar

myanmar1To mark International Women’s Day 2018, MEDA is highlighting important issues and voices around women’s economic empowerment and gender equality in the area of economic development. This is the fourth in our “Press for Progress” blog series celebrating the power of women entrepreneurs and their partners around the world.

This is an important day for me, my first time to celebrate International Women’s Day in Myanmar since I came in June 2017. I have been in development work for more than 25 years and been working on women-focused development projects in different countries – from Philippines, Bosnia, Eritrea, Afghanistan, Bangladesh, Ghana and now here in Myanmar.

Continue reading
  1708 Hits
0 Comments
1708 Hits
  0 Comments
Mar
14

Discussing gender equality with families and communities: MEDA’s Male Gender Activists

Ghana, women empowerment

To mark International Women’s Day 2018, MEDA is highlighting important issues and voices around women’s economic empowerment and gender equality in the area of economic development. This is the third in our “Press for Progress” blog series celebrating the power of women entrepreneurs and their partners around the world.

Globally, gender inequality remains one of the fundamental challenges of the 21st century. Despite awareness about the importance of women empowerment growing globally, women are still economically, socially and politically routinely disenfranchised. Even though women often become the main or sole supporter of their households, men continue to dominate decisions at the household level which has caused increased poverty and lack of independence for women.

Continue reading
  987 Hits
0 Comments
987 Hits
  0 Comments
Mar
09

#PressForProgress: how one young woman is challenging norms in her village

International Women

To mark International Women’s Day 2018, MEDA is highlighting important issues and voices around women’s economic empowerment and gender equality in the area of economic development. This is the second in our “Press for Progress” blog series celebrating the power of women entrepreneurs and their partners around the world.

International Women’s Day is an occasion to celebrate the achievements of remarkable young women, women like Mebrehit Hagos. Mebrehit is one of the recipients of the first round of grants provided to graduating agricultural students in in Ethiopia to start their own businesses. This program is being implemented by MEDA and Dalhousie University through the Agricultural Transformation Through Stronger Vocational Education (ATTSVE) project. The project, funded by the government of Canada, is intended to better prepare graduates from 4 selected agricultural colleges across the country to gain employment after graduation, including self-employment through entrepreneurship. The grant program is a key part of the project’s strategy to support Ethiopia’s budding young entrepreneurs.

Continue reading
  689 Hits
0 Comments
689 Hits
  0 Comments
Mar
08

#TimeisNow but GROW has been working for years

To mark International Women’s Day 2018, MEDA is highlighting important issues and voices around women’s economic empowerment and gender equality in the area of economic development. This is the first in our “Press for Progress” blog series celebrating the power of women entrepreneurs and their partners around the world.

IWD1GROW client, Rahama, selling her soya kebabs to MEDA staff

It is an exciting time for women around the globe with awareness of women’s rights activism on the rise through movements like #TimesUp and #MeToo bringing attention to overlooked harassment and treatment of women in the workplace. Additionally, it is an especially exciting time for rural Ghanaian women partaking in MEDA’s GROW program. Considering the United Nation’s International Women's Day (8 March) theme “Time is Now: Rural and urban activists transforming women's lives”, MEDA’s Greater Rural Opportunities for Women project (GROW) has been doing just that in the Upper Western Region of Ghana.

Continue reading
  1057 Hits
0 Comments
1057 Hits
  0 Comments
Feb
07

In Nicaragua, a 26-year-old has high hopes for her father's farm

Banana

She is half the height of the plantain trees, but her ambition is immeasurable.

We are in Nicaragua, the land of the dragon fruit and the passion flower. Maria walks with us through groves of leafy green plantain trees offering welcome respite from the late-morning sun. Her sun-scorched farm is just a few too many kilometers east to catch a cool ocean breeze.

She doesn’t seem to mind. The 26-year-old leads us through field and pasture with long strides and a farmer’s cap. She has no time to bother with sun or sweat.

Continue reading
  1282 Hits
0 Comments
1282 Hits
  0 Comments
Jan
24

Wisdom from Wally: 19 Tips for a Fulfilling Life

Hands

Wally Kroeker is the editor of The Marketplace magazine, a bi-monthly MEDA publication. He recently passed the 30 year milestone as an employee of MEDA.

My grandson turned 16 this year and some members of my family invited me to pass on to him some of the secrets of my, uh, success.

Continue reading
  2964 Hits
0 Comments
2964 Hits
  0 Comments
Jan
19

Why I Cycled 150 km to Support Women in Myanmar

Myanmar4

As a student in the University of Waterloo’s Kinesiology program, I am learning the study of human movement. That means I spend a lot of my time in labs looking at how humans move from a cellular and musculoskeletal level.

In the lab, Electroencephalography (say that 5 times fast) or EEG, is a tool used to learn what is happening in the brain by scanning it. 

Continue reading
  1533 Hits
0 Comments
1533 Hits
  0 Comments
Jan
19

10 Reasons to support MEDA

 FEATS1
  1. We’re sustainable. We believe the best way to help the poor is by developing local institutions and businesses that have, as their goal, becoming independent of North American help. In other words, we don’t want our projects to depend on perpetual handouts from us for survival. MEDA’s goal is to start projects, nurture them as programs and then “graduate” them to become independent businesses that no longer need us. Like proud parents, we take satisfaction in the growth and independent businesses in places like Ethiopia, Ukraine, Tanzania, Kenya, Nicaragua and many other countries.
  2. We affirm the dignity and self-worth of people. Aid can erode agency and promote dependency. By creating opportunities where people can support themselves, a sense of personal agency and ownership is restored. They aren’t getting handouts – they’re working to help themselves and support their families. They aren’t aid recipients – they are our clients. It’s a business relationship, not a relationship built on charity.
Continue reading
  1062 Hits
0 Comments
1062 Hits
  0 Comments
Jan
12

Empowerment Mainstreamed: Applying Gender Equity Across the ESG Standard

While impact investing has become a buzzword in global development in recent years, the concept and practice had been around for decades before the sector even had a name. To take one perhaps under-recognized example, Mennonite Economic Development Associates (MEDA) was launched as an investment club in 1953, when a group of North American Mennonite business people joined together to support the development of businesses in Paraguay, Uruguay and Argentina.

Continue reading
  1176 Hits
0 Comments
1176 Hits
  0 Comments