MEDA embarks on new project in Myanmar
April 8, 2016
FOR IMMEDIATE RELEASE
Waterloo, ON - Thousands of women in Myanmar will gain new opportunities to become economically active participants and leaders in a rapidly changing economy through a new $16.3 million project just announced by the Government of Canada.
Over five years, MEDA – Mennonite Economic Development Associates – will assist 25,000 women producers to increase their incomes and status by helping them build stronger links to markets and more profitable businesses. Improving Market Opportunities for Women will also work with partners to increase access to credit, inputs, market linkages and new technologies for women.
The project is one of four initiatives totaling $44 million included in an announcement that occurred during a three-day visit to the country by the Honourable Stéphane Dion, Minister of Foreign Affairs.
Myanmar, also known as Burma, is a country of focus for Canada’s international development efforts. Programming focuses on strengthening democracy by improving inclusive and accountable government, and on improving the prosperity and well-being of women and poor people living in rural areas.
“We are excited to begin this new adventure in Myanmar, particularly at such an important time in the country’s history,” says Jennifer King, MEDA Senior Project Manager. “The women I have met in Myanmar are eager to take advantage of the economic opportunities ahead of them as their country grows. With the support of the Government of Canada and passionate MEDA supporters, we will be able to capitalize on that growth to promote sustainable businesses and increased community leadership for rural women.”
For more information please contact Linda Whitmore (firstname.lastname@example.org) or Ethan Eshbach (email@example.com) at 519-725-1633.
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.