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