The Port Sudan Association for Small Enterprise Development (PASED) is a local NGO established and registered in the Red Sea State in October 2000. PASED emerged from the ACORD International program, which served the local Red Sea community for over 15 years. Since its transformation into an independent NGO, PASED has specialized in urban development and the reduction of poverty among poor communities. PASED has aligned its program based on micro-credit delivery according to Islamic banking principles, in order to respond to the needs of the Port Sudan area residents. PASED has 7,000 clients as of June 2013.
Grameen-Jameel partnered with PASED in October 2012, and has supported the organization with technical assistance, business planning, and Microfin training ever since.
To find out more about PASED, visit their website at http://pasedsud.org.