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ECDC Enterprise Development Group

901 South Highland Street
Arlington, VA 22204

Contact: Tsehaye Teferra; Ph.D, President
Phone: (703) 685-0510
Fax: (703) 685-4200
ECDC Enterprise Development Group

ECDC Enterprise Development Group (EDG) provides microloans, small business training, a business incubator, financial education, and other asset-building opportunities for low income people, especially immigrants, throughout the DC Metro area. EDG has grown its loan capital from $25,000 in 1992 to more than $5 million today, thanks to Calvert Foundation and other investors.


EDG has two established community development programs that provide access to capital and financial support for low-to-moderate income individuals in the DC Metro Area.
  • The Micro-Enterprise Program- provides clients with direct loans of up to $50,000 to either establish, sustain, or expand a business.

  • The Used Car Finance Program- to provide clients with direct loans of up to $8,000 with limited to no credit histories who want to purchase a vehicle.

  • The Small Business Loan program supports entrepreneurs with low incomes that do not qualify for a bank loan but need the capital and advice to enable their business in the DC Metro area. EDG also has IDA programs that allow clients to save for a certain asset goal, as well as training programs.

    Client Population

    EDG serves low income people. Our client base is culturally and linguistically diverse, originally from more than 36 countries. EDG serves the entire DC Metropolitan Area (Virginia, Maryland, and the District of Columbia).

    Ninety percent of EDG clients are low- or very low-income according to HUD income guidelines when they begin working with EDG. And, 85% of our total clientele have been people of color- predominantly African American as well as many Africans who have just immigrated to America.


    EDG programs succeed in increasing the assets, income, net worth, and knowledge of our clients. Economic success and education are key impacts. As of February 2009, EDG trained more than 6,000 people through a variety of programs and provided more than $10.2 million in micro loans to 592 clients, $996,024 in car loans, $46,500 in credit builder loans, and $53,160 in rental assistance. The IDA program has helped 844 people save $2.45 million, enabling the purchase of $18.6 million in assets, including 60 homes in the Washington DC metro area. It has also helped over 688 clients prepare their tax returns and take home over $702,301 in federal and state refunds and rebates. EDG is also currently incubating 17 start-up small businesses in its Business Incubator.


    ECDC Enterprise Development Group
    Alinsar “Ali” Yahya traveled thousands of miles to come to the U.S. from Sudan, and will travel many more with his trucking business. Ali came to the U.S. in 2000, took an entry-level job and began saving. He took a course to become a certified truck driver and began working for a transportation firm. Still, he was not satisfied, so he continued to save in order to buy his own truck. Although he had no credit history, EDG rewarded his industry knowledge, business plan, and determination with a $35,000 loan and Ali now owns his own firm called Esam Transportation. Full Story

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