Ethiopia boasts the fifth fastest-growing economy in the world, but is still one of the poorest countries. With the right tools and support, Ethiopian producers can potentially take advantage of this double-digit growth to enhance their productivity and improve their livelihoods. A new MEDA (Mennonite Economic Development Associates) project, EDGET (Ethiopians Driving Growth, Entrepreneurship and Trade), will help 10,000 families link to better markets and climb out of poverty.
What is the issue, problem, or challenge?
High food prices and high inflation have worsened conditions for the country's poor, especially rural areas. Half of the population is undernourished, and two million need food assistance. Weaving and textile production is hampered by lack of access to information, appropriate technologies, and input supplies. Agriculture employs 80% of the population, but farmers have limited awareness of post-harvest handling techniques such as storage, and no access to credit to grow their business.
How will this project solve this problem?
MEDA will enable rice farmers and textile producers to access better markets, new production techniques and technologies and support services such as finance. With improved irrigation, processing and storage techniques, rice growers will increase productivity and become more competitive with expensive imports. Spinners, weavers and embroiderers will strengthen links to emerging markets, become more aware of market trends, introduce low-cost upgrades and implement production efficiencies.
Potential Long Term Impact
Borrowing from the Amharic word for progress, EDGET (Ethiopians Driving Growth, Entrepreneurship and Trade) will help 10,000 small producers increase their income by improving production and moving into higher value markets. With an average of five people per household, EDGET will bring positive change and new hope to 50,000 lives. Local project partners will build their value chain development and financial services capacity, ensuring services to producers continue after the project's end.
Total Funding Received to Date: $6,285
This project is now in implementation and no longer available for funding. Received funds will be used to accomplish concrete objectives as indicated in the project's "Activities" section. Updates will be posted under the "Project Report" tab as they become available.
Donors' contributions and pledges to this project totaled $6,285 . The original project funding goal was $8,000.