Latest News

Feb

DOMINICA AGRICULTURAL INDUSTRIAL & DEVELOPMENT BANK
NINTH CONSOLIDATED LINE OF CREDIT...

Feb

DOMINICA AGRICULTURAL INDUSTRIAL AND DEVELOPMENT BANK

TERMS OF REFERENCE
FOR THE...

Oct

Job Posting

SENIOR MANAGER – MANAGEMENT INFORMATION SYSTEMS

Application Process:...

Education Loan



 

The best investment you can make is in yourself!

 

Our education loan provides the opportunity for you to further develop your intellectual and analytical capabilities, obtain a job and earn a higher income.

You can well be on your way to impacting your community, region and world with our education loan!

 

Loan limit:  EC$121,270 (General) and EC$148,220 (Law/Medicine) 

Competitive Interest rate: 8% on reducing balance

Maximum repayment period: up to 12 years (Inclusive of grace period)

Optional grace period on principal: study period + 3 months (Clients also have the option of having their full instalments paid during their study period.)

 

Use of funds (includes but not limited to):
  • Tuition
  • Accommodation
  • Books
  • Computer
  • Airfare to school
  • Transportation (where applicable)
  • Living expenses

 

To qualify you must:
  • Be a citizen of the Commonwealth of Dominica
  • Be over 18 years of age (conditions apply if you are below 18)

 

Modified Security Requirements:

  • Only One Guarantor is required for loan amounts of $20,000 and below
  • Only Two Guarantors are required for loan amounts from $20,001 to $30,000
  • A Certificate of Title is required for loans in excess of $30,000

 

Call of Visit us today!

Cnr. Charles Avenue and Rawles Lane

Goodwill, Roseau, Commonwealth of Dominica

Local: (767) 448-2853 / 255-9400   Fax: 448-4903    Int'l: 1-305-396-2547

aidbank@cwdom.dm    www.aidbank.com