Loans Jamaica

US$630K In Loans & Grants Being Made Available To Farmers & Other Rural Entrepreneurs

The Inter-American Development bank (IDB), is reportedly giving rural agricultural farmers and business operators in Jamaica a financing boost, by making US$630,000 (J$53.5 million) in loans and grants available to make access to financing easier for farmers and other rural entrepreneurs. The IDB is doing this through its Social Entrepreneurship programme. The project, which is [...]

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Farm Loan Launched By Scotiabank Small Business Unit

Scotiabank’s Small Business Unit has launched a $100-million loan fund to assist small farmers to plant cash crops for local consumption. The funds, which are being made available at a concessionary rate of 9.95%, is part of the Ministry of Agriculture and Fisheries Financial Access for Responsible Members (FARM) Programme. In a release issued recently, [...]

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J$78.7M Loaned For New Farming Ventures Over Four Months

The Ministry of Agriculture reported recently that its newly formed Agro-Investment Corporation (AIC) has assisted 28 farmers in securing loans valued at some J$78.7 million for new farming ventures – this over a four month period. A further 21 farming projects are said to be close to completion, and are to be submitted to the [...]

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