Community Enterprise Development Services

CEDS Finance (CEDS) is a non-profit community development financial institution (CDFI) committed to helping small business owners achieve the American Dream of financial self sufficiency through access to capital and business training and technical assistance

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General Information

General
Official Name
Community Enterprise Development Services​​​​​​​
DBA/Trade Name(s)
N/A
Former Name(s)
N/A
Acronym
CEDS
Date Established
2011
Offers Additional Colorado State Tax Credit
None
Tax ID
45-3064996
Addresses
Headquarters Address
10660 E Colfax Ave
Suite B
Aurora, CO 80010
Colorado Location
10660 E Colfax Ave
Suite B
Aurora, CO 80010
Mailing Address
10660 E Colfax Ave
Suite B
Aurora, CO 80010
Other Address
N/A
Phone/Fax
Main Phone Number
303-569-8165
Fax Number
N/A
Other Phone Number
N/A
Web/Email
Email
info@cedsfinance.org
Website
www.cedsfinance.org
Social Media Links
       

Mission Statement

The mission of CEDS Finance is to support the American Dream of financial self-sufficiency, by assisting refugees, immigrants, and low to moderate income people in Metro Denver who desire to own or strengthen businesses, develop assets, and empower themselves financially.

Organization History

CEDS Finance was founded in 2009 by a state coordinator for refugees and an Ethiopian immigrant who collectively identified the financial need for refugees and immigrants - that is an understanding of the American banking system and building credit. CEDS Finance was founded to provide an ability for refugees to achieve financial self-sufficiency. Clients who qualify for a loan are provided with technical assistance and business advisory services.

Testimonials

Originally from Ethiopia, Suleyman Abbagero and his wife Eyerusalem Halle came to CEDS for financing to open their coffee shop - My Cafe - in the Aurora Town Center in 2013. In less than three years, they had paid their loan in full never having missed a payment. Now, they have hired an additional two part-time employees and continue to grow their business. They are an embodiment of how the sustainable economic development of refugees can not only improve their own lives, but benefit the community at large. Suleyman explains it this way:

"Ethiopians are from one of the poorest countries in the world. Life has taught us a lesson to be strong on what to believe in. To work hard, to never give up. Ethiopians have contributed that to this community."


Key aspects of this profile information have been reviewed by Community First Foundation staff. Each organization is exclusively responsible for the content that appears on the profile page. Community First Foundation offers general guidance as to the purpose of each area but does not require or encourage charities to include anything in particular in each section.