340 New Loan Guarantees for Micro, Small and Medium-Sized Enterprises

In the upcoming financial year, the Government, through the Development Bank of Jamaica (DBJ), will provide 340 new loan guarantees for Micro, Small, and Medium-sized Enterprises (MSMEs).

Up to December 2021 under the project, 387 MSMEs were issued with guaranteed loans through the Partial Credit Guarantee (DBJ’s Credit Enhancement Facility (CEF) – Loan Guarantee Fund); and approval of an additional 580 guarantees were supported under the CEF.

The project is scheduled to run from September 2017 to September 2023.

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