Markets, whether large or small, keep communities thriving. But conflicts, disasters and a lack of infrastructure can prevent people from conducting the daily transactions on which all growth and progress depend. Around the world, Mercy Corps discovers why commerce is stuck.
In some places, manufacturers need loans to purchase equipment and young people desire job skills. In others, key transportation routes to market must be rebuilt or farmers require better storage to keep their inventory fresh until sold.
Our economic development projects provide financing, equipment, training or technical support. These projects help people find jobs, build their businesses, supply their communities with the goods they need —and improve their lives.
All stories about Economic opportunity
Haiti: Overcoming challenges in the field: Haiti's mobile money program
One of the more inspired advantages that Mercy Corps hopes to bring to vulnerable communities via mobile money is easy access to financial services. A good number of places with high cell phone penetration are many miles from the nearest banking institution.
Kosovo: Enough living in the camps
“Life in the camps was terrible for my family and all who lived there” said Rifat Sulejmani, a former refugee in Mitrovica, Kosovo.
Timor-Leste: Farmers in Timor-Leste store up for a better future
The road to Ainaro District from Dili —the capital city of Timor-Leste, one of the world's newest countries — has never been as bad as it is now, at least in my experience.
Pakistan: Repairing roads and restoring lives in Pakistan
Afghanistan: New book honors Afghan women entrepreneurs
International Women’s Day reminds me of the many courageous women I’ve had the pleasure of meeting during my last years at Mercy Corps. In all corners of the globe, women work tirelessly — sometimes against incredible odds — to build better, more prosperous and peaceful lives for their families.
Haiti: Learning and teaching mobile money technology in Saut D’Eau, Haiti
It was the day of the first mobile money disbursement in Saut D’Eau, a small town in Haiti known for its waterfalls and voodoo folklore. Thanks to a grant from USAID/HIFIVE, 100 beneficiaries had been selected to receive their unconditional cash grants via cellular phone.
Iraq: Reclaiming a place for Iraqi youth
For many years, there was a very bad place in the middle of Kalar, Iraq. It had no name, but all kinds of malice and misfortune spread from it, spilling into the surrounding neighborhoods.
Haiti: A one-time grant can help save lives in Haiti
In early January, Louis Jeune Dadyne had finally infiltrated a Mercy Corps Mobile Money event. She sat quietly in the back of the small, outdoor classroom, next to a particularly rambunctious prospective vendor.
Somalia: Stitching together her place in the market
It was midday and the weather wasn’t favorable. The heat was scorching and everyone wanted to be in the shade.
Somalia: Encouraging local culture through peaceful change