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Hardware Store Owner

AEDS-MN builds wealth within African immigrant communities through economic development activities.

African Economic Development Solutions' Mission

African Economic Development Solutions had a simple goal: 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.  

AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS

WHAT WE DO

BUSINESS LENDING

Helping African Immigrants Develop Businesses

The African Economic Development Solution (AEDS-MN) lending organization was established in 2008. Since our inception, we have been helping African immigrants build and develop businesses through loans, micro-loans, and relief loans.

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Man Using a Tablet

BUSINESS DEVELOPMENT

Unleash Entrepreneurship's Power

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 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.

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COMMUNITY BUILDING

Empowering African Communities

AEDS 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 - Little Africa Village Parade & Festival, National African Leadership Conference, and Community Conversation & Networking Events

Grants

2023 Statistics

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

Loans & Grants

Loans & Grants

718

Businesses Served

13,757

Hours of Technical
Assistance

147

Clients Served in Home Ownership 

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