Mennonite Economic Development Associates (MEDA)

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 11/24/2021. To update the information in this column, please email:


MEDA is an international economic development organization that creates business solutions to poverty. For nearly 70 years, MEDA has been creating business solutions to poverty that are sustainable, scalable, measurable and replicable.

MEDA began as an association of Mennonite business people who believed they were called to be faithful in generously sharing their abilities and resources. Continuing in that Christian tradition, MEDA welcomes all who share our values and want to join us in our mission.

MEDA has worked in over 70 countries and brings a unique market systems approach to project design that integrates technical assistance and access to capital. As an early leader in innovative finance, MEDA leverages public and private funding to advance social enterprises around the world that are positively impacting social, environmental and governance challenges in their communities. We work in agri-food market systems, focusing primarily on women and youth in rural communities in the Global South. Our success is measured by income, improved processes, increased knowledge, and the creation of decent work.

Contact information

Mailing address:
Mennonite Economic Development Associates
595 Parkside Drive, Suite 2
Waterloo, N2L 0C7


Phone: 1-800-665-7026


Organization details

EIN: 237398678

CEO/President: Dr. Dorothy Nyambi

Chairman: Jenny Shantz

Board size: 18

Founder: group of generous Mennonites

Ruling year: 1981

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


We believe that all people deserve the opportunity to earn a livelihood and that unleashing entrepreneurship is a powerful way to alleviate poverty.

Vision: That all people may unleash their God-given potential to earn a livelihood, provide for families and enrich communities.

Mission statement

Mission: MEDA creates business solutions to poverty.

Statement of faith

Donor confidence score

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Transparency grade


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Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating655 of 102275 of 121
Fund acquisition rating642 of 102471 of 121
Resource allocation rating160 of 102419 of 121
Asset utilization rating986 of 1022120 of 121

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Balance sheet
Receivables, inventories, prepaids$521,127$430,104$428,564$1,104,394
Short-term investments$0$0$1,322,448$1,202,379
Other current assets$0$0$0$0
Total current assets$7,021,728$6,882,275$2,628,612$2,984,231
Long-term investments$20,062,434$17,539,100$18,861,704$17,877,173
Fixed assets$1,715$5,562$15,860$28,618
Other long-term assets$6,467,606$5,262,604$3,611,616$3,396,270
Total long-term assets$26,531,755$22,807,266$22,489,180$21,302,061
Total assets$33,553,483$29,689,541$25,117,792$24,286,292
Payables and accrued expenses$464,853$427,798$310,884$614,542
Other current liabilities$3,920,318$3,709,042$2,028,698$2,044,561
Total current liabilities$4,385,171$4,136,840$2,339,582$2,659,103
Due to (from) affiliates$0$0$0$0
Other long-term liabilities$0$0$0$0
Total long-term liabilities$17,813,030$16,299,706$16,041,164$15,162,900
Total liabilities$22,198,201$20,436,546$18,380,746$17,822,003
Net assets2019201820162015
Without donor restrictions$11,355,282$9,252,995$6,737,046$6,464,289
With donor restrictions$0$0$0$0
Net assets$11,355,282$9,252,995$6,737,046$6,464,289
Revenues and expenses
Total contributions$13,385,620$7,519,096$5,631,944$6,052,578
Program service revenue$582,394$2,892,242$1,804,028$1,333,098
Membership dues$0$0$0$0
Investment income$4,155$1,004$165$220
Other revenue$110,717$0$645,614$898,407
Total other revenue$697,266$2,893,246$2,449,807$2,231,725
Total revenue$14,082,886$10,412,342$8,081,751$8,284,303
Program services$11,074,821$8,325,198$6,697,135$7,205,388
Management and general$0$0$0$0
Total expenses$11,980,599$9,182,448$7,808,994$8,036,412
Change in net assets2019201820162015
Surplus (deficit)$2,102,287$1,229,894$272,757$247,891
Other changes in net assets$0$0$0$0
Total change in net assets$2,102,287$1,229,894$272,757$247,891


Compensation data for this ministry has not been collected.

Response from ministry

No response has been provided by this ministry.

The information below was provided to MinistryWatch by the ministry itself. It was last updated 11/24/2021. To update the information below, please email:


MEDA's story began in 1953. In the aftermath of World War II, Mennonites who had fled from East Germany and Russia, found themselves struggling to make a living in Paraguay. Many of them were skilled craftspeople and capable farmers who were eager to set up their own businesses but lacked the required financial capital and resources.

Following a historic meeting in Chicago, a group of generous Mennonites formed an impact investment group called MEDA and pooled their resources and sent financial support to Paraguay for over 35,000 Mennonites who now called it home. With the assistance of MEDA and their brothers and sisters in North America, the Paraguayans established businesses and formed communities that were rooted in the ideals of peace, justice, and entrepreneurship.

Eventually, MEDA realized that it could empower people to lift themselves out of poverty by supporting small businesses all over the world. This new awareness inspired a new mission and vision - to create business solutions to poverty. Over time, the organization expanded its services and expertise to countries in Asia, Africa, Europe, and Latin America.

Today, we continue the work of our founders. Through generous support from private and institutional donors, we empower small businesses, entrepreneurs, and small-scale farmers in agri-food systems with the tools they need to build successful enterprises, learn new skills, and grow higher quality and environmentally sustainable crops. This has led to prosperity for millions of farmers, small businesses, and communities in the Global South and beyond.

Program accomplishments

Our Global Impact FY2020:
196,269 direct clients
39% women
466 project + investment partners