Centre For Micro Enterprise Development
About Company
About Centre For Micro Enterprise Development
Empowering Micro-Entrepreneurs, Driving Economic Growth
Who We Are
The Centre For Micro Enterprise Development (CMED) is a leading Nigerian organization dedicated to fostering sustainable growth in the microenterprise sector. Established in 2005, we are headquartered at 44/46 Olanrewaju Street, Oregun, Ikeja, Lagos, serving as a catalyst for economic empowerment and financial inclusion across Nigeria. Our mission is to equip individuals, microfinance institutions (MFIs), and small businesses with the tools, knowledge, and resources needed to thrive in dynamic markets.
Our Vision
To become the foremost hub for microenterprise innovation and development in Africa, enabling low-income entrepreneurs to achieve financial independence and contribute meaningfully to national economic transformation.
Core Values
- Empowerment: Creating opportunities for underserved communities.
- Innovation: Leveraging technology for scalable solutions.
- Sustainability: Building resilient enterprises for long-term impact.
- Collaboration: Partnering with stakeholders for collective growth.
Key Services
1. Capacity Building for Microfinance Institutions
We provide training, mentorship, and advisory services to strengthen MFIs in governance, risk management, and product development.
2. Research and Documentation
Dedicated to generating actionable insights, we conduct market studies, impact assessments, and policy advocacy to inform best practices.
3. MIS Implementation & Support
We design and deploy customized Management Information Systems (MIS) to streamline operations for microfinance banks and Savings & Credit Cooperatives (SACCOs).
4. E-Susu Digital Platform
Our flagship e-susu solution digitizes traditional savings circles, offering secure, accessible financial services to low-income earners.
5. Business Development Services
From business plan development to access to funding, we guide entrepreneurs through every stage of enterprise growth.
Operational Reach
Based in Lagos, Nigeria’s economic hub, CMED serves clients nationwide, including rural communities and urban centers. We partner with:
- Microfinance banks
- Government agencies (e.g., SMEDAN, CBN)
- International development organizations
- Local NGOs
Company Details
- Address: 44/46 Olanrewaju Street, Oregun, Ikeja, Lagos, Nigeria
- Coordinates: 6.6109° N, 3.3577° E
- Website: www.microenterpriseplace.org.ng
- Email: Send Enquiry
- Estimated Size: 11–50 employees
- Founded: 2005
Impact
- Trained 5,000+ entrepreneurs since inception.
- Supported 200+ MFIs in adopting digital solutions.
- Enabled ₦2 billion+ in microloans through partner institutions.
Tags
MicroenterpriseDevelopment #FinancialInclusion #CapacityBuilding #E-Susu #BusinessPlans #SMESupport #NigerianBusiness #MicrofinanceInnovation #EconomicEmpowerment
Visit Us
Transform your enterprise with CMED—where grassroots growth meets sustainable impact.