BENEFITING: MERCY CORPS
Mercy Corps is a global aid agency engaged in transitional environments that have experienced some sort of shock: natural disaster, economic collapse, or conflict. People working for it move as quickly as possible from bringing in food and supplies to enabling people to rebuild their economy with community-driven and market-led programs. To lay the groundwork for longer-term recovery, Mercy Corps focuses on connecting to both government and business for the changes they would like to see. "We actually focus on access to financial services as the critical element for helping to move people out of poverty", Nancy Lindborg, Mercy Corps President.
Mercy Corps serves an area for extended periods of time to foster local entrepreneurship, rebuild social capital, and stimulate markets through "cash for work" programs and a variety of lending models. Mercy Corps, in the last 14 years, has founded 12 different finance institutions. Since 1979, Mercy Corps has provided more than US$1.95 billion in assistance to people in 107 nations. Supported by headquarters offices in North America and Europe, the agency's unified global programs employ 3,700 staff worldwide and reach nearly 16.7 million people in more than 40 countries.