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Mar

NOTICE
Dear Valued Customers,
In light of the Corona Virus Pandemic, the Dominica...

Feb

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

Feb

DOMINICA AGRICULTURAL INDUSTRIAL AND DEVELOPMENT BANK

TERMS OF REFERENCE
FOR THE...

Industry Loan



 

Imagine getting paid to do what you love!

 

There is a great sense of pride in building your own enterprise. You inspire others when you create jobs, contribute to economic development, generate foreign exchange, sell products that improve people's lives. Leave a thriving business as a legacy!


 

Loan limit: Up to 70% of the total project cost

Interest rate: 6-9% on reducing balance

Repayment period: up to 12 years

Optional grace period on principal: up to 24 months

 

Use of funds (includes but not limited to):

1. Manufacturing

  • Agro-processing
  • Soap production
  • Beverage and water bottling
  • Rum distillery

 

2. Services

  • Professional firms
  • Massage therapy
  • Catering
  • Website design and creation
  • Graphic design
  • Photography
  • Transportation (land/sea)

 

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

 

Benefits:
  • NO hidden charges
  • Optional grace period on Principal
  • Technical Support
  • Subsidised project supervision reports

 

To apply call 448-2853 for an appointment with a Credit officer or come in to talk with us!