Ethiopia – Mercy Corps – Strengthened Socio-Economic Development and Better Employment Opportunities for Refugees and host Communities (STEDE) in Fafan Zone of the Somali Region of Ethiopia

The document outlines the Strengthened Socio-Economic Development and Better Employment Opportunities (STEDE) program, implemented by Mercy Corps in Ethiopia's Fafan Zone. Funded by the European Union, STEDE aims to enhance the livelihoods of refugees and host communities by improving financial inclusion, fostering entrepreneurship, and promoting social cohesion. Key activities include establishing village savings and loan associations (VSLAs), providing financial literacy training, and supporting small businesses. The program employs a randomized controlled trial to assess its impact on economic and social outcomes. STEDE contributes to Ethiopia's broader efforts to integrate refugees and host populations into the local economy.