Institute of Private Enterprise Development (IPED) provides loans
(maximum: GY$20M), business advice and training to entrepreneurs, micro,
small and medium-sized businesses.
IPED was incorporated on Oct 02, 1985 as a non-profit
but not-for-charity company limited by guarantee.
The activities of the Institute are overlooked by a
Board of nine non-executive directors all
of whom provide their services on a voluntary basis. This is one of
the hallmarks of our successes for 25 years, since we have men and women
who work in the interest of our society, selflessly not expecting a
The functions of Chairman
and Chief Executive Officer (CEO) are held
independently and the CEO is accountable to the Board.
The activities of the Board are carried out through
its various committees all of which have chairpersons independent of
the Chairman of the Board. The Institute currently has an Audit Committee,
Finance & Credit Committee and a Human Resources & Remunerations
Our financial statements
are independently audited and we are proud to say that we have audited
statements for all 25 years of our existence. The most recent for the
year ended December 31, 2010 was completed within 14 days of the end
of the year on January 14, 2011. For this to be possible, it meant that
our internal control system had to be strong.
To facilitate enterprise development for wealth
creation and poverty reduction whilst remaining financially
A good loan takes a family out of poverty and
creates wealth but a bad loan sinks them deeper into hopelessness.
Therefore, we will do only good loans since we care about our
- To develop a culture of entrepreneurship amongst our clients
and to inspire and empower them to achieve excellence.
- To provide timely financing to Micro, Small and Medium Enterprises
to enhance their production potential and capacity to supply
both local and foreign markets.
- To provide technical and managerial support services through
training and counseling to all loan beneficiaries.
- To promote sustainable environmental practices and technologies
and mitigation of any pollution of the environment by our clients.
- To network with organizations providing complementary support
services to communities in order to effectively develop entrepreneurs.
- To provide a work environment where all employees are treated
fairly, are adequately compensated, trained and highly motivated.
253 South Road,
Bourda, Georgetown, Guyana
Tel: +592 226 4675, 225 8949 or 226 5913
Fax: +592 223 7834 or 226 4675
Email: iped at ipedgy dot com
TSD LAL & Co.
77 Brickdam, Stabroek
- Demerara Bank
- Guyana Bank for
Trade and Industry Ltd.
Bank Guyana Inc.
Attorneys at Law
Demerara - Mr. Vidyanand Persaud & Associates
Berbice - Mr. Murseline Bacchus
Essequibo - Mr. Lachmi N. Dindyal