Unleash
Entrepreneurship
Lift communities out of poverty, one business at a time

IMPORTANT MESSAGE ABOUT MEDA TRUST

Dear MEDA Trust supporters,

Thank you for helping the working poor in Afghanistan and Nicaragua find new roads out of poverty through your sponsorship of microloans.

The creation of MEDA Trust in 2006 provided us a great opportunity to offer supporters like you a chance to become closer to MEDA clients. When we designed MEDA Trust, we wanted to help you engage friends, colleagues and family members – to pass along your faith, values and concern for the poor to your children and grandchildren.

Three years ago, we embarked on the Afghanistan Challenge, where donations to our microfinance work in Afghanistan were matched dollar for dollar by the Government of Canada. You may have noticed that we no longer offer Afghan loans on MEDA Trust. That’s because – thanks to your support – we have met our goal to provide loan capital for microfinance in Afghanistan. That work continues through a group of microfinance banks with which MEDA remains closely connected.

With our commitment in Afghanistan now fulfilled, we had an opportunity to review the feasibility of our MEDA Trust initiative, and have decided to dismantle MEDA Trust effective March 31. Until March 31, you can still visit MEDA Trust to view loans, make new loans to Nicaragua and track repayments. Your donations to date will continue to be used by our partner microfinance institutions to fund new loans.

As the world of microfinance has grown beyond loans to offering savings and other financial services that many in the Western world take for granted, MEDA has broadened its areas of expertise to help financial institutions in developing countries meet the growing needs of their customers, ensuring they have continued access to financial services.

The advent of social media is providing new and exciting ways to engage others – so stay tuned for more information on our changing online landscape! Again, thank you for your continuing support, and your commitment to creating business solutions to poverty.

Allan Sauder
President

Group Details

MSCU New Hamburg

Where in the world: Canada
Web site: http://www.mscu.com/

Who we are:

Mennonite Savings and Credit Union is a unique full-service financial cooperative that bridges the daily banking needs of over 16,000 members across Ontario with the "barn-raising" mutual aid traditions of the Waterloo County Mennonite community.
MSCU offers a wide range of personal account services including savings accounts, chequing plans, term deposits, mortgages and MSCU Creditline.

Why we give:

The values of Peace, Social Justice, and Mutual Aid are central to our business. We are excited to be able to partner with MEDA this way!

By the numbers...
Total Members: 1
Total lending fund: $12,650.00
Total loans so far: 56
Loans
Loan Recipient: Amount Loaned: Amount Paid Back:
+ Sonya $1,000.00 $0.00
+ Nazifa $200.00 $151.20
+ Fazila $200.00 $184.80
+ Naw Gul $200.00 $184.80
+ Shabana $50.00 $46.20
+ Gul Pekai $1,000.00 $999.00
+ Pashtana $100.00 $100.00
+ Shamsi $175.00 $175.00
+ Lena $350.00 $350.00
+ Shabana $250.00 $250.00
+ Sharifa $75.00 $75.00
+ Zobaida $675.00 $674.73
+ Feriba $50.00 $49.97
+ Fawzia $75.00 $74.85
+ Jamila $300.00 $300.00
+ Maliha $300.00 $300.00
+ Sweeta $275.00 $275.00
+ Khanom Gul $75.00 $74.93
+ Makai $25.00 $24.99
+ Fatema $225.00 $224.95
+ Nafisa $300.00 $299.88
+ Aziza $100.00 $99.96
+ Karima $200.00 $199.92
+ Mah Gul $200.00 $199.92
+ Makai $200.00 $199.92
+ Safora $75.00 $74.97
+ Manizha $300.00 $299.94
+ Sosan $200.00 $199.94
+ Lina $25.00 $25.00
+ Sema Gul $75.00 $74.99
+ Zahra $300.00 $299.96
+ Frozan $200.00 $199.98
+ Wahida $75.00 $74.99
+ Aqila $200.00 $200.00
+ Atifa $400.00 $400.00
+ Bakhtawar $200.00 $200.00
+ Bibi Gul $200.00 $200.00
+ Fakhria $200.00 $200.00
+ Fatima $200.00 $200.00
+ Fawzia $100.00 $100.00
+ Freba $500.00 $500.00
+ Gul Ghotai $200.00 $200.00
+ Hanifa $200.00 $200.00
+ Homaira $200.00 $200.00
+ Jamila $200.00 $200.00
+ Lailoma $200.00 $200.00
+ Mariam $200.00 $200.00
+ Nazia $200.00 $200.00
+ Nekbakht $100.00 $100.00
+ Parwana $200.00 $200.00
+ Riza Gul $200.00 $200.00
+ Roya $25.00 $25.00
+ Shah Koko $175.00 $175.00
+ Shekiba $200.00 $200.00
+ Shogofa $200.00 $200.00
+ Zia Gul $300.00 $300.00