DBJ/CDB Line of Credit for Small Agricultural Entreprenuers

Opportunity ID: 
Institution Type: 
Development Bank of Jamaica
Type of Financing: 
Minimum Amount: 
Maximum of J$8.4M. Rate to end user is 9.5% (Interest Rate subject to annual review)

Repayment period will be up to 7 years, including a maximum of 12 months moratorium on principal payments

Qualification Criteria: 

Types of Eligible Enterprises:
Small and medium sized farmers
Marketers of agricultural products
Exporters of agricultural products
Fishers and fish farmers
Ornamental fish farmers

Use of Funds
To support farming activities, as well as retooling, which include:
Expansion of fruit tree crop projects, such as Ackee & June Plum etc.
Livestock projects, such as pig and sheep production
Resuscitation of the Dairy Industry
Expansion of Cassava production
Development of protected cultivation, such as greenhouses & hydroponics
Expansion of small ruminant programmes
Introduction of modern and productive agricultural tools and machines
Ornamental fish farmers
Food fish farmers & Mari-culture

Equity Requirement: 10%

Eligibility Conditions:
Registration with the Rural Agricultural Development Agency (RADA)/Ministry of Agriculture or other relevant authorities.
Project must be financially and technically viable
Valid Tax Compliance Certificate

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