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Scotia Launches Scotia Jamaica Microfinance Company (CrediScotia)
Scotia Group Jamaica officially opened offices (on Duke Street, Downtown Kingston) yesterday, for a newly launched subsidiary – Scotia Jamaica Microfinance Company (also known as CrediScotia). Through CrediScotia, the Scotia Group reportedly intends to re-engage itself with a market that it has underserviced for many decades. CrediScotia was launched to specifically provide loans ranging from [...]
Continue reading...NationGrowth MicroFinance
3. August 2011
Details as per advertisement in today’s Gleaner newspaper: NationGrowth MicroFinance offers low interest rates for the following: Retail trade/service loan Agriculture/manufacturing loan Chicken farmers loan Personal loan Pay day loan For more information, please call 906-7625 or 618-1843.
Continue reading...Jamaican Government Looking To Extend Repayment Period For Loans Granted To The Micro & Small Business Sector
3. December 2010
The Jamaican Government is reportedly exploring how it can extend the repayment period for loans that are granted to the micro and small business sector …. in order to give businesses more room to grow. Prime Minister Bruce Golding made the announcement at the Jamaica National Small Business Loans Limited Annual Board Directors’ Luncheon and [...]
Continue reading...For Easy, Hassle-Free Personal & Business Loans
21. July 2010
As per Worldnet Investment (WNI) Co. Ltd. advertisement in today’s Jamaica Observer newspaper: Worldnet Investment Company Ltd. is a micro financing company which was incorporated in 1997. Our aim is to provide hassle free personal and business loans through a team of courteous, friendly and reliable staff endeavouring to delight you, our valuable customers. Worldnet [...]
Continue reading...Government To Seek $500M In Loans To On-Lend To Small/Micro-Business Sector
30. June 2010
Speaking in the House of Representatives yesterday, Prime Minister Bruce Golding announced that the Government will soon be seeking $500 million in loans to on-lend to the small and micro business sector, in order to give added lift to budding entrepreneurs who need assistance in hurdling financial roadblocks. According to PM Golding, too many people [...]
Continue reading...Small, Micro Businesses Get $150M Loan Financing Through JBDC
30. June 2010
Parliament yesterday gave approval for the granting of a government guarantee for the loan – which will come from the Development Bank of Jamaica and channelled through the Jamaica Business Development Centre (JBDC) – so that micro and small business owners will have access to another $150 million in loan financing. In bringing the resolution, [...]
Continue reading...JN Small Business Loans Ltd. Launches Loan Payment Card
24. June 2010
JN Small Business Loans Limited (JNSBL), the microfinance subsidiary of Jamaica National Building Society (JNBS), has just launched a new payment card called the JNSBL Eezy Pay card. The goal of the card, is to make the loan repayment process simpler for customers, and allows them to make payments at kiosks which are located in [...]
Continue reading...RBTT Bank Opens US$10M Credit Line For SMEs
16. June 2010
RBTT Bank issued a press statement yesterday, announcing that it has opened a US$10 million fund to lend to small and medium sized enterprises (SMEs), specifically for the purposes of trade financing and capital expenditure – including business expansion and upgrade of facilities. The credit line was established specifically for small and medium sized entities, [...]
Continue reading...Jamaican Government To Provide $750M In Loans To Entities In The Micro Sector
12. May 2010
Speaking yesterday in Parliament during his contribution to the 2010/11 Sectoral Debate, Commerce Minister Karl Samuda announced that the Government plans to provide $750 million in loans to entities in the micro sector (for the fiscal year which began on April 1). This will reportedly bring the total amount of funds available for lending to [...]
Continue reading...Jamaica National BizGrow Micro Business Loan
7. May 2010
Advertisement in today’s Observer newspaper: BizGrow Micro Business Loan Looking to improve your business? This is the perfect loan for micro and small business persons! Use these funds to enhance your business by purchasing fixed assets, raw materials and stock, or provide other forms of working capital. Loan ranges from J$50,000 to $500,000 Conditions: Minimum [...]
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2. November 2011
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