The goal of African Economic Development Solutions is simple . . .
We want our clients to build businesses that create jobs with livable wages. We want families to own homes and to break free of poverty. We strive to connect and build vibrant communities with creativity and social connection.
2023 Impact
African Economic Development Solutions believes that access to key resources, supportive institutional frameworks, and nourishing environments are necessary for creating financial success within marginalized communities.
$2.0M
Deployed in Loans & Grants
718
Businesses Served
147
Clients Served in Home Ownership
195
Graduates in Culturally Intelligent Business Program for Aspiring Entrepreneurs
​WHAT WE DO
Business
Lending
Business
Development
Homeownership
Education
Community
Building
BUSINESS LENDING
Helping African Immigrants Develop Businesses
The African Economic Development Solutions (AEDS-MN) lending organization was established in St. Paul in 2008. Since our inception, we have been helping African immigrants build and develop businesses through loans, micro-loans, and relief loans.
BUSINESS DEVELOPMENT
Unleash the Power of Entrepreneurship
AEDS staff and consultants help aspiring entrepreneurs turn their ideas into lucrative businesses from development to survive and thrive. Our Business Development Training teaches pertinent business skills indispensable for their success. Through Technical Assistance & Consulting, we support a diverse and growing portfolio of emerging and established small businesses needs.
HOMEOWNERSHIP EDUCATION
Become a Knowledgeable Homeowner
AEDS assists recent African immigrants and other marginalized Americans to gain wealth through homeownership. AEDS offers a course on Saturdays from 9:00 a.m. -5:30 p.m, Home Stretch, to gain knowledge and answer your questions about homeownership. After completion of the Home Stretch course, we offer a bonus one-on-one Counseling & Advising session to answer your specific homeownership concerns.
COMMUNITY BUILDING
Empowering African Communities
African Economic Development Solutions takes pride in being a certified lending organization. We use art and culture as a catalyst to help African immigrants in our community by hosting events - Community Conversation & Networking Events, National African Leadership Conference, African Cultural Experience Bus Tour, and Little Africa Village Parade & Festival,