Established with the assistance of the Overseas Private Investment Corporation (OPIC), the Enterprise Development Network (EDN) is a set of strategic alliances among public and private sector organizations that utilizes a systematic approach to connect emerging market entreprneurs and SMEs with debt and equity providers.
OPIC and PFS Finance have signed an EDN Loan Originator agreement on May 27th, 2008.
The structure of EDN consists of three sets of service providers. Loan and PRI Originators serve as local service providers to SMEs to help develop the finance application package, refine marketing strategies, and draft or enhance business plans. Financial institutions serve as Designated Lenders to establish OPIC-backed lending facilities that are used to make loans to SMEs or their affiliates for projects in OPIC-eligible countries. EDN Advisors are specialists in particular business sectors and geographic areas throughout the world and assist OPIC in credit underwriting and due diligence on OPIC-funded loans.