In Brazil, ECLOF is known as CEADe (Centro Ecumênico de Apoio ao Desenvolvimento). CEADe is a small MFI in the state of Bahia registered as a not-for-profit foundation. From two offices in Salvador de Bahia and Alagoinhas, CEADe serves more than 1300 clients. Most clients reside in rural areas, others in the favelas around Salvador. CEADe caters to their micro businesses and smallholder farms, providing financial and related non-financial services.
Head Office: Salvador de Bahia Branches
USD 0.5 million outstanding portfolio 1,367 clients
USD 316 average group loan USD 1,021 average individual loan
Established in 1984 Head office in Salvador de Bahia 2 branches 9 staff 67% loan officers
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