
TEULEDA is a non-profit organization established on 14 June 2001 with the support of the UNOPS (United Nations Office for Project Services) – PASARP Programme.
The members of the Board are all active local institutions as Shkodra Region, Shkodra Prefecture, Municipalities of the Region, Chamber of Commerce.
We aim at contributing, in accordance with other institutions’ competencies and in co-ordination with them, to the definition and implementation of the objectives for the local economic development of the region of Shkodra situated in Northern Albania. Our activity is focused on the improved exploitation of local resources and the inclusion of disadvantaged population and depressed areas into the formal economic circuit. Within this scope of purposes, the core object of TEULEDA is identification, analysis and implementation of initiatives favoring the development of economic activities and the creation of employment opportunities, within a framework that combines poverty reduction and the promotion of an integrated and sustainable development of the territory.
We try to reach our objectives through organizing local communities, facilitating the integration and co-operation among local institutions and local producers, and providing them with tools for the identification and triggering of economic activities.
We are mostly focused in four fields: Agro industry, handicraft, fishing and tourism
It is since June 2005 that our agency is sustainable. The guaranty fund provided at
our disposal by UNOPS/PASARP is the main income resource of the agency thanks to the capabilities of our technical staff to issue credits to local entrepreneurs.
Other resources for the agency are obtained by the management of the national and international projects aiming an impact in our territory, served by TEULEDA and other local experts and offering specialized services to local small and medium enterprises
Having at our disposal a Guaranty Fund of 500,000 USD, during April 2004 to February 2007 we have contributed in the establishment of 15 new enterprises and the consolidation of 9 already existing ones. Until now the credited amount released has been around 1 million of USD, starting the credit with a minimum of 10,000 USD. 300 new direct jobs and almost 1000 others indirect were created in our area.
TEULEDA it is not a simple financial institution for crediting. Our approach is different to the banks or other financial institutions operating in Albania. For us, after the approved credit, starts the real work in assisting to the enterprise in quality of the products, possible markets, possible suppliers, raw material, machineries etc.
For the future planning we are seeking other financial resources with the goal of creating a micro credit line setting at disposal of new local entrepreneurs that are facing difficulties having access in Albanian crediting system
TEULEDA cooperates with international organizations resident in Albania as UNDP, USAID and some Italian institutions. We have successfully concluded contract services with BAS, EDEM, SBCA, and FORMEZ.