We had an outstanding year
– Yesu Persaud
The 2010 Annual Report of the Institute of Private Enterprise Development (IPED) reflects a 13.8% increase in the value of loans disbursed to its clients last year over the previous year, underscoring the entity’s long-established role as the country’s leading small business lending agency.
According to the report, its net loan portfolio increased from $1.259 billion in 2009 to $1.397 billion last year while the total number of enterprises serviced increased marginally from 4,137 in 2009 to 4,153 last year. Last year,
