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
Kosovo: Mercy Corps' Small Enterprise Development Program Celebrates Milestone April 16, 2001
In March 2001, the Agency for Finance in Kosovo (AFK) disbursed its 100th loan to Mr. Xhevdet Dranqolli, a 39 year-old tailor from Peja, Kosovo. The 100th loan signifies AFK's successful transition to a local finance institution.
Mercy Corps Participates in Global Food Program January 4, 2001
Mongolia: Mercy Corps To Help Rural Mongolians With $4.4 Million Program December 24, 2000
Mercy Corps has been selected by the Government of Mongolia to receive and sell 40,000 metric tons of wheat donated by the US Department of Agriculture.
Mercy Corps Prepares For Expansion of Serbia Program October 6, 2000
Mercy Corps Belgrade prepares to expand its aid in response to the dramatic changes occurring in Serbia.
Georgia: 13.5 Million Grant Assists Communities in Georgia September 21, 2000
Mercy Corps has been awarded a $13.5 million grant through the U.S. Agency for International Development (USAID) to improve social services and strengthen local communities in eastern Georgia.
Mongolia: Credit Institution Launched in Mongolia April 5, 2000
Goviin Ekhlel, a new non-bank financial institution offering credit to qualified borrowers in the Gobi region, had its official opening ceremony last Friday at the Chinggis Khaan Hotel in Ulaanbaator, the capital of Mongolia.