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Where can I get a loan from CEDA?
The specific details of each product are available at CEDA offices. CEDA will provide financial assistance in the form of loans at subsidized interest rates. This is meant to be a soft window for citizen entrepreneurs wishing to start, acquire or expand business operations.
When is CEDA right to waive this requirement?
CEDA reserves the right to waive this requirement, if in its assessment, proper management and experience to be put in the business are satisfactory. The need to position local enterprises to deal with challenges posed by globalisation as well as take advantage of its opportunities.
What does CEDA do for citizen owned businesses?
CEDA will, through the equity component, provide risk capital to citizen owned projects and joint ventures between citizens and foreigners and to buy into existing businesses. This will help relieve the equity capital constraint, which affects most citizen investors. CEDA will support medium and large ventures through the equity component.
Is the government desirous of implementing a CEDA framework?
The Government is desirous of implementing a framework that recognizes CEDA as an empowerment entity with different financing products to address different needs and opportunities to the advantage of citizen enterprises.
Last Update: Oct 2021
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