Caribbean Microfinance Alliance

Institute of Private Enterprise Development Ltd (IPED)

Ramesh Persaud, Chief Executive Officer
Institution Contact Details
Name of Institution Institute of Private Enterprise Development Ltd (IPED)
Postal Address 253-254 South Road, Bourda, Georgetown
Country Guyana
Telephone 592-225-8949
Fax 592-223-7834
Website Address
Skype ramesh.persaud25
Contact Persons Ramesh Persaud, CEO -
Yogieraj Das, Credit Manager -
Category Of Membership Application Microfinance Provider
General Institutional Information
Current Legal Status Company Limited by Guarantee
Objectives We exist to facilitate enterprise development for wealth creation and poverty reduction whilst being financially viable.
Brief History IPED started 25 years ago to provide help to those that were willing to help themselves and up to December 31, 2010 we have disbursed 78,143 loans with a total value of over USD80M helping more than 30,000 micro, small and medium enterprises.
Ownership The Company is limited by guarantee with no owners.
Microfinance Operations IPED provides loans and technical assistance to micro clients in both rural and urban areas. We have eight offices with over 80 employees.
Main Funding Sources Retained Earnings
Main Challenges Creating and adapting new products to market needs. Not being able to take risk for loans without collateral.
Other Networks NA

We represent the interests of our members and their clients

We are the voice for the Caribbean Microfinance industry