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MEDA News

Source: "A giant has passed" by Wally Kroeker in the Canadian Mennonite, originally appearing in The Marketplace.
Roy G Snyder
Roy G. Snyder, 99
Oct. 23. 1915 – Feb. 11, 2015

Mennonite Economic Development Associates (MEDA) lost one of its most enduring and faithful supporters on Feb. 11 with the passing of Roy G. Snyder of Waterloo, Ont. He was 99.

 

Source: "Relationships important in lending" by Dave Rogalsky for the Canadian Mennonite
Tiffany MyerTiffany Meyer cares for 120-plus clients at Mennonite Savings and Credit Union

NEW HAMBURG, ONT. – Coming from a conservative Mennonite Background, the Midwest Mennonite Fellowship, Tiffany Meyer absorbed what it meant to be Christian and Mennonite through both church and family. But she and her husband desired a less "bounded" faith experience and moved first to a Mennonite Brethren congregation and now to Creekside Church, a Waterloo church plant of First Baptist in Kitchener.

Source: "Siera Vercillo's passions guide her choices" by Dave Rogalsky for the Canadian Mennonite

In the fall of 2014, Mennonite Economic Development Associates (MEDA) presented its inaugural 20 under 35: Young Professionals Changing the World Awards, honouring young adults from Canada and the U.S. for their "faith, entrepreneurial spirit and service." Ethan Eshbach, coordinator of engagement initiatives for MEDA, explains, "20 under 35 connects the values behind MEDA's work around the world to those of young professionals here in North America." Canadian Mennonite is featuring profiles of the Canadian winners.

 

Source: "Agricultural partnerships lead to global impact" in MSCU (Mennonite Savings and Credit Union) Share Spring 2015 Issue

We announced in our summer issue of Share that, as part of our commitment to the ongoing Farmer to Farmer partnership with MEDA (Mennonite Economic Development Associates), we'd donate $50 for every agricultural loan we advanced in 2014. Because of your business with us, we are excited to announce that 483 loans led to a $24,150 donation in December.

Source: "Business briefs: DutchCrafters sponsor Mennonite fundraiser" by Herald staff and wire reports for the Bradenton Herald

MANATEE – DutchCrafters Amish Furniture is sponsoring part of a bike ride to raise funds for Mennonite Economic Development Associates' GROW program. GROW supports women entrepreneurs in Ghana.

 

Women farmers in Ghana library

 

 

 

 

 

Source: "Women farmers in Upper West receive support" by Michael Quaye and Agnes O. Amoah on Graphics Online

About 20,000 women farmers in the Upper West Region are benefitting from agricultural extension services and other facilities to improve on food production and reduce poverty.

Cyclists Mary and Sarah Delta Optimist

 

 

 

 

 

 

 

 

 

 

 

Source: "Riding for female farmers" by Jessica Kerr for the Delta Optimist

Ontario duo passes through South Delta during the early days of a cross-country bike trek


Two women biking their way across the country to raise money to empower female farmers in Africa made a stop in Ladner this week.

Source: "$30m SME investment firm established in East Africa" by Tom Jackson on Disrupt Africa

A group of international investors have partnered to establish the US$30 million investment company Business Partners International East Africa (BPI EA), which will provide funding and support for SMEs in a number of sectors in the region.

Risk finance firm Business Partners, the World Bank's investment arm the International Finance Corporation (IFC), Dutch impact investor Stichting DOEN and the Dutch development agency FMO have all put in US$6 million for a 20 per cent share in the company, with the remaining 20 per cent held by the Swiss Investment Fund for Emerging Markets (SIFEM) and Canada-based Mennonite Economic Development Associates (MEDA).

Source: "$30m for best ideas" by John Sambo for the East African Business Week

Five multilateral financial institutions have put together $30 million to lend to selective Small Medium Enterprises (SMEs) in Kenya, Rwanda and Uganda.

Business Partners International East Africa (BPI EA), will provide cash ranging from $50,000 to $1 million. The lending formula has been tested in South Africa and several other African countries including Kenya and Rwanda proving to be an effective way strengthen the SME sector. Business Partners International is a specialised risk capital financier which focuses on funding SMEs that have viable businesses.

Sarah and Mary at Mile 0Source: "Spreading the word about GROW" by Rachel Bergen for the Canadian Mennonite

Former MEDA interns bike across Canada for Ghanaian women farmers

Mary Fehr just learned to ride a bike a few years ago, when she was 17. Now she and Sarah French are cycling thousands of kilometres across Canada—from Victoria, B.C., to St. John's, Nfld.—to raise money for Mennonite Economic Development Associates (MEDA) through its Bike To Grow campaign.

Source: "2 Mennonite Women Cycling to Aid 20,000 Women in Ghana" by Aisha Abdelhamid for EdenKeeper

Cycling across Canada on a mission

On a mission to support women soybean farmers in Northern Ghana, two young women will undertake a four-month bike ride across Canada to raise $150,000. The money will go to Mennonite Economic Development Associates' GROW project in Ghana. GROW, or Greater Rural Opportunities for Women, is a six-year project to help improve the incomes and food security of 20,000 women and their families.

Source: "Perkiomen Trail Ride to Support MEDA Project" by Lora for Franconia Conference, Mennonite Church USA

Want to help women in Ghana learn to grow soybeans? Bring your bicycle to Salford Mennonite Church on Saturday, May 2 to join a ride on the Perkiomen Trail, organized by Mennonite Economic Development Associates (MEDA). The ride will start at Salford Mennonite Church in Harleysville, Pennsylvania, at 2:00 p.m.

Source: "How Canada can regain its prestige as a foreign aid leader" by Tim Jackson for the Embassy

Impact investing links public, private money for the public good.

Sir Ronald Cohen MaRS photoThe argument that Canada is a declining power on the world stage is a familiar refrain within government circles. The absorption of the Canadian International Development Agency into Foreign Affairs and the sale of official residences abroad have critics arguing whether Canada has lost its prestige as a country that once led international development initiatives.