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.
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.
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).
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.
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.
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.
The 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.
More than 500 Christian business-men and women from a half-dozen countries converged at the corner of Portage and Main in Winnipeg for four days in early November. There, in the shadow of the new Canadian Museum for Human Rights, participants attending the Mennonite Economic Development Associates (MEDA) annual convention learned about human rights and "human dignity through entrepreneurship."
Source: "Grebel students win 2014 MEDA Business Case Competition" by Fred Martin for the Canadian Mennonite
In only its second year of competition, a Conrad Grebel University College student team won the Business Case Competition at the annual Mennonite Economic Development Associates (MEDA) convention, held this year in Winnipeg on Nov. 8.
The team, headed up by fourth-year student Jono Cullar, an international development major, beat out five teams from other Mennonite colleges and universities from across North America.