About Us
The People Empowerment and Development Foundation (PEDF) is a Non-Governmental Organization Microfinance Institution (NGO-MFI) focused on promoting financial inclusion and social cohesion in underprivileged communities across Africa, beginning with Cross River State, Nigeria.
Our plan is focused on showing empathy and extending support to vulnerable and underbanked individuals within the identified areas by offering affordable banking services to those at the base of the economic pyramid.
Our Special Products
To meet the individual working capital needs of microentrepreneurs
For Public and Civil Servants to help them bridge shortfall in their finances
Access larger credit facilities at Small & Medium Enterprise level
A complementary loan product while maintaining a primary loan
PEDF Daily Contribution/Adashe loan
Asset Loan & Financing
This product offers individual loan lending advantages with individual liability. The Asset loan does not take into account group dynamics but an individual’s credit history with the Centre. This loan is designed to enable clients, from the second cycle of the Small Loan, acquire productive assets, with a maximum loan size of N300, 000.00, and it has a 2.8% service charge per month. Repayment is made in equal monthly installments over a 10-month loan term.
