Community Empowerment & Development Agency-(CEDA-SL)
46 Dambala Road, Southern Province, Bo.
CEDA ORGANISATIONAL PROFILE
Background /brief introduct
Community Empowerment and Development Agency (CEDA) was registered as an indigenous non-governmental organization (NGO) in 1994 with the Ministry of Development and Economic Planning (MODEP now (MOFED), Sierra Leone and commenced micro-credit services in 2002 in Valunia Chiefdom of Bo District in Southern Province. Initially, it focused on Agricultural activities and Gender Empowerment in Bo District. The Programme was initially “Lunia Agriculture and Rural Development Project” (LARDEP). LARDEP went through restructuring, building up its institutional capacity to expand its services to cater for more beneficiaries and communities; meeting the demands of the Ministry of Development and Economic Planning for registration as a National Non-Governmental Organization. LARDEP, with the consent of the Board and members, was re-named Community Empowerment & Development Agency (CEDA). It worked with a government program- Social Action for Poverty Alleviation (SAPA). SAPA supported CEDA to start micro-credit program for the rural poor, especially women, in micro credit/entrepreneurship. With its headquarters in Bo, CEDA is a product of an initial rural development effort focusing on activities in the rural areas of Bo, Moyamba, Pejuhun and Bonthe Districts. It has now emerged to become a growing microfinance institution, delivering micro credit and non- financial services in several rural chiefdoms in Bo, Moyamba, Pejuhun and Bonthe Districts in the Southern Province of Sierra Leone and intends to expand its outreach activities to neighboring districts. As at December 31st 2010 our outstanding loan portfolio was 1,401,138,021.94 and the portfolio at risk (PAR) was 3.8%, with 6,575 active clients.
Legal Status and Banking Information
CEDA is a non-governmental organization registered with the Ministry of Finance and Economic Development (MOFED).
Goal, Vision and Objectives
GoalS:
The three primary goals are to:
Reach 12,500 micro-entrepreneur borrowers with potential and financial viability by adopting proven delivery mechanisms by 2011
Promote women and youth empowerment through social awareness raising campaigns and foster unity and collaboration amongst themselves.
To meet with challenges of (M. D. G.) especially empowering women in sustainable business enterprise.
VISION:
To become a well-established development institution that provides economic support to the poor; thereby enabling them to equally participate in developmental process, become stakeholders and decision makers in their communities through self-employment and social awareness.
MISSION
To provide enterprise development opportunities to disadvantaged communities in Sierra Leone, especially to women in a sustainable manner
Geographical coverage
As at now, CEDA has four branch offices.
- Bo
- Moyamba
- Pujehun
- Bonthe
- Makeni
- Freetown
Contacts- Addesses and Personnel
Bo Office –
22 Hospital Road,
Kortugburma Section
Moyamba Office
25 Siaka Steven Street
Pujehun Office
11 Old Town Road
Bonthe/Mattru Office
17 Mattru Jong
Makeni Office
10 Tucker Street
Freetown Office
3 Albert Street
- Micro-Finance
- Village Savings and Loan (VSL)
- HIV/AIDS
- Adult Literacy
- Youth and Women’s Empowerment
- Agriculture
- Education
- Health
Previous interventions –projects implemented
Budget analysis of previous project implemented
Programme
Donor