Loans Jamaica

Audley Shaw Says Micro-Financiers Should Lower Their Loan Rates

Speaking recently at the launch of the new Jamaica Micro-financiers Association Limited (JaMFA), Minister of Finance Audley Shaw said that Jamaica’s microfinan-ciers apply too big a markup to the credit that they issue to borrowers, and that they should look to lower their rates or get left holding their cash while the productive sectors seek [...]

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Jamaica Microfinancing Association Launched

The newly formed Jamaica Micro-financiers Association Limited (JaMFA) was launched yesterday. It has been announced as an entity that seeks to change the image and conduct of moneylenders in Jamaica’s micro-finance sector. Another of its goals is to be recognised by both private and public employers who, in the past, often refused to permit loan [...]

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