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Residential Energy Loan

Opportunity ID: 
DBJ-2014-67
Institution Type: 
Government
Institution: 
Development Bank of Jamaica
Type of Financing: 
Loan
Minimum Amount: 
Maximum of J$2m per household. Rate to end user is 9.5% (Interest Rate subject to annual review)
Tenure: 

Repayment period will be up to 8 years. No moratorium on principal payments.

Qualification Criteria: 

Who is eligible?
Houselholders/Home owners

Use of Funds
To purchase & install renewable energy systems including:
solar water heaters
photovoltaic panels (PV)
wind turbines
bio digesters and
energy saving lighting systems

Equity Requirement: 10%

Total votes: 653