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
Delivering aid to Samoa's survivors October 11, 2009
It has been an unforgettable week. As a starter, let me share this photo of the formally picturesque village of Lalomanu where South Pacific Business Development (SPBD) once had 21 thriving micro-entrepreneurs. After the tsunami, Lalomanu is gone.
Indonesia: Lead them to a better future October 9, 2009
I started my day with a cup of tea while reading a local newspaper, Padang Ekspres, this morning. The headline for today’s edition read “70 percent of the business economy is destroyed.”
India: Promoting Fuel-Efficiency in Darjeeling October 8, 2009
Kyrgyzstan: Microfinance and development in Kyrgyzstan October 8, 2009
Kompanion News is distributed in Kyrgyzstan to highlight the development work that Mercy Corps and Kompanion, Mercy Corps’ microfinance institution, undertake in the country.
Zimbabwe: A chance for the people of Zimbabwe October 2, 2009
Uganda: The resilence of children September 30, 2009
Today I learned about the true resilience of children.
Central African Republic: Standing up for their futures September 26, 2009
I went to spend the afternoon with one of Mercy Corps’ partners for the Women’s Empowerment Program in a slum area on the outskirts of Bangui. The group is called Terrespoir, which translates to Land and Hope.
Uganda: Seeds of Sunshine September 24, 2009
Alex Odongo is finally seeing the light at the end of the tunnel.
Central African Republic: 'I have never seen a place as poor as this' September 21, 2009
I am writing from the Central African Republic (CAR). Not many people know much about this land-locked country slightly smaller than Texas. But the short and not-so-sweet brief on CAR is that it is the second poorest country on Earth after Sierra Leone.
Indonesia: Bringing joy back to Aceh September 16, 2009
Lately it’s been quite cold because of the marathon rain pouring down nonstop for the last two days over Banda Aceh. The clouds have been sending away the intense sunshine that usually covers the town.