CREDIT GUARANTEE SCHEME

OVERVIEW

Citizen Entrepreneurial Development Agency (CEDA) as an Agency for the development of viable sustainable citizen-owned business enterprises provides a Credit Guarantees Scheme (CGS) for citizen owned businesses which intend to borrow from commercial banks but do not possess the level of security or collateral required by the banks. The loans are for individuals or companies owned by citizens aged 18 or over, either wishing to start a new business and wanting to expand an existing one