Economic Development Unit

SEAD is a non-stock, non-profit microfinance NGO (non-governmental organization) that was the spin-off microfinance program of the Cooperative Assistance for Relief Everywhere, Inc. (CARE USA or CARE) in the Philippines. Created by CARE and other stakeholders, SEAD, Inc.’s primary purpose is to support the economic development of poor communities and to transform into a vehicle for poverty reduction in the Philippines with a vision to become an integral part of the formal financial sector in the country. In 2006, CARE and SEAD Inc. stakeholders decided to convert the wholesale lending operations of SEAD Inc. into a for-profit company (FPC) called SEEDFINANCE or Sustainable Economic Empowerment & Development Financing Company.

Jun Perez [jremperez@yahoo.com]

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First Name	Last Name	Job Title	Region
Tafirenyika	Kakono	SEAD Program Manager	SWA
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Title
Value Chain
Microfinance
VS&L
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