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
Afghanistan: Cash-for-Work July 11, 2002
In Uruzgan, a destitute province in southern Afghanistan, the local people define "rich" as "possessing a two-months supply of food." The worst drought in living memory and 22 years of ongoing war has left this region in ruins.
Kosovo: Finding common ground in Kosovo June 19, 2002
Caring for bees is more than just a job or a hobby to Metush Maxuti. It is his passion. Maxuti, a beekeeper and head of The Beekeepers Association in Cernica, Kosovo, believes that people living in Kosovo can learn an important lesson from the insects he loves.
Mongolia: World Bank President Praises Mongolia Bank May 28, 2002
Indonesia: From Rags to Riches January 7, 2002
An Indonesian organization in Jampang Bogor, West Java has found a unique way to earn extra income and thanks in part to a small grant from Mercy Corps what started out as a hobby has turned into a small business.
Southern Serbia Program Making an Immediate Impact January 7, 2002
From bakeries to bee associations, one of Mercy Corps’ newest programs is providing a needed stimulus to economically depressed communities and small businesses in southern Serbia.
Mongolia: Market Watch Keeping Herders in Mongolia Informed December 18, 2001
An Egg Seller Turned Entrepreneur November 30, 2001
$40 Million Program Launched in Serbia August 21, 2001
Mongolia: President Carter, Financier Soros Meet with Mongolia Staff July 25, 2001
Billionaire financier and philanthropist George Soros and former United States President and philanthropist Jimmy Carter paid separate but simultaneous visits to Umnugovi province in the heart of Mongolia’s Gobi desert on September 8 and 9.
Mongolia: Oasis in the Gobi Desert July 23, 2001
[Editor's note: This story was prepared by Layton Croft, Program Director for Information Systems with the Gobi Regional Economic Growth Initiative. Other stories he has written about the positive impact partnerships and information have played in Mongolia’s rural development.]