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Finance Opportunity

Opportunity Id
 
Finance Provider
Development Bank Of Ja Ltd  
Finance Type
Loan Government  
Description Of Service

This line of credit facility is available through Approved Financial Institutions (AFIs) such as commercial banks, the National People's Cooperative Bank, credit unions and microfinance institutions. It is available to small and medium-sized farmers, agro-processors, marketers of agricultural products, exporters of agricultural products, fisherfolk and fish farmers and ornamental fish farmers.

 
Amount Lower Limit
Not Specified  
Amount Upper Limit
$5,000,000.00  
Payback Period
Maximum 7 years  
Security Required

Loan must be fully secured.

 
Deposit Required
 
Currency
JMD  
Qualification Criteria

Requirements:

  • Project Proposer must be registered with the Rural Agricultural Development Agency (RADA)/Ministry of Agriculture;
  • Project must be technically and financially viable;
  • Project must demonstrate the ability to repay loan without a negative impact on its operations;
  • Valid tax compliant certificate;
  • For companies: the constitution must give the authority to borrow and a board resolution must be passed to access this loan facility.
 
Administrative Contact

Mr. Christopher Brown, Manager, Business Development  

Email: cbrown@dbankjm.com

 
Telephone Numbers
876-929-4000  
Email Address
dbank@cwjamaica.com  
Website Link
http://www.dbankjm.com/files/fliers/Agro%20flyer.pdf  
Additional Information
 
Valid From
 
Valid To
 
Eligible Countries
Jamaica