Ecdc Enterprise Development Group (Edg)

edg is a 501(c) (3) non-profit organization that emerged from a microenterprise development program established in 1992 by the ethiopian community development council (ecdc). edg became a subsidiary of ecdc in 2001, expanding programs and services and enlisting a growing community of cooperating partners, funders and other supporters. certified by the u.s. department of the treasury as a community development financial institution, edg now serves clients throughout the washington, d.c.,/baltimore area. small business loan volume $2mm (2014), $2.1mm (2015) and 2.5mm (2016). charge offs are under 5%. office of economic opportunity - fy2016 ranking of top 25 sba microloan intermediaries: edg 8th (7th fy 2015) in dollars & 20th (14th fy 2015) in number of loans. per the sba metro dc area lender ranking: consistently the highest ranked microlender in $ loaned. baltimore sba district office* participating lender activity: october 1, 2016 - july 31, 2017 *includes all activity in maryland exc