MEDA awarded local grant to help alleviate global poverty
March 2, 2016
FOR IMMEDIATE RELEASE
WATERLOO, ON – Waterloo, ON-based MEDA (Mennonite Economic Development Associates) has been awarded a grant from The Jim and Sue Hallman Family Fund held at The Kitchener and Waterloo Community Foundation. The $5,000 donation will support MEDA’s efforts to create business solutions to poverty around the world.
Founded in 1953, MEDA has a long history of helping people struggling in poverty in the belief that every person has the right to an opportunity to earn a livelihood. Each gift to MEDA is multiplied in impact up to seven times, on average, through funding from government and organizational donors.
“We are pleased that the Jim and Sue Hallman Fund has chosen to help us create sustainable solutions to poverty,” said MEDA president Allan Sauder. “I greatly appreciate the trust of local community organizations. We are honoured to be selected for this grant, which will help bring dignity and joy to many families.”
In just the past year, generous supporters have helped to bring new hope to more than 36 million families living in poverty in 52 developing countries around the world.
For more information please contact Linda Whitmore (email@example.com) or Ethan Eshbach (firstname.lastname@example.org) at 519-725-1633.
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MEDA is an international economic development organization whose mission is to create business solutions to poverty. Founded in 1953 by a group of Mennonite business professionals, we partner with the poor to start or grow small and medium-sized businesses in developing regions around the world. Our expertise includes a full range of economic development tools: financial services, improved technology, business training, better access to markets and equity investment. Our work most often focuses on women, youth and the rural poor. We believe that all people deserve the opportunity to earn a livelihood and that unleashing entrepreneurship is a powerful way to alleviate poverty.
The Kitchener and Waterloo Community Foundation improves the quality of life in Kitchener-Waterloo and the surrounding area, now and for generations to come, by building community endowment, addressing needs through grant making, and providing leadership on key community issues.
Director, Executive Services
The Kitchener and Waterloo Community Foundation
Phone: (519) 725-1806 ext. 205
Cell: (519) 807-4260