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Grameen Foundation : Where we work : Sub-Saharan Africa : Nigeria : DEC

Development Education Center (DEC)

Status snapshot as of March 2008
Active clients48,188
Loan portfolio (USD)$2,920,201

DEC is currently the leading NGO in women’s education, empowerment and microcredit in North Eastern Nigeria. Its mission is focused on “empowering women socially and economically through the creation of a sustainable access to funds for their small business.” DEC was established in 1988 as a community owned organization and is affiliated with the Association of Christian Lay Centers in Africa (ACLCA).

 

Outreach:

Headquartered in Bauchi, DEC provides services to clients in seven states including Bauchi, Gombe, Yobe, Plateau, Taraba, Adamawa and Borno. DEC plans on reaching out to over 90,000 women micro entreprenuers over the by 2010.

Grameen Foundation support:

As a component of Grameen Foundation’s Africa strategy, which aims at deepening Grameen Foundation’s presence in ten sub-Saharan African countries, DEC has been identified as a partner institution with significant potential for growth in the highly underserved Nigerian Microfinance sector. Grameen Foundation will support DEC by providing financing and technical assistance that will focus on strengthening of operations, MIS and internal control systems to help the institution achieve its growth objectives in a sustainable way.



Grameen Foundation : Where we work : Sub-Saharan Africa : Nigeria : DEC

- Grameen Foundation - Grameen Foundation uses microfinance and innovative technology to fight global poverty and bring opportunities to the world's poorest people. With tiny loans and financial services, we help the poor, mostly women, start businesses and escape poverty. Our global network of 55 microfinance institution (MFI) partners including our Growth Guarantee partners has touched more than 34 million people in 24 countries. In addition, we introduced and now sustain technology initiatives (Mifos and Village Phone) in Cameroon, Kenya, Rwanda, and Uganda, bringing our total country outreach to 28.

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