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Energy Efficiency Loan



 

(For Micro, Small and Medium Sized Enterprises)

Reduce your energy bill!

The use of energy efficient technologies and practices will lower your energy costs; boost Dominica's foreign exchange reserves by reducing energy imports and stimulating the growth of businesses.

 

Loan limit: from EC$3,000-EC$267,000.00 

Competitive Interest rate: 5% on reducing balance

Maximum Repayment period: up to 6 years (Inclusive of grace period)

Optional grace period on principal: 6 - 12 months

 

Use of funds (includes but not limited to):
  • Electric Power Measures, Solar Power Heating, Air-conditioning Measures, Lighting, Renewable Energy, Water Conservation, Alternative Fuels and Building Envelope (which measures roof cooling, window seals and door sealants that reduce the heat gained of buildings;)
  • The purchase of environmentally friendly air conditioning systems for replacement of old air-conditioning systems;

 

To qualify you must:
  • Be a citizen of the Commonwealth of Dominica
  • Be over 18 years of age

 

Benefits:
  • Reduction of your energy bill
  • Preservation of the environment
  • Optional grace period on principal

 

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