stluciatimes, caribbean, caribbeannews, stlucia, saintlucia, stlucianews, saintlucianews, stluciatimesnews, saintluciatimes, stlucianewsonline, saintlucianewsonline, st lucia news online, stlucia news online, loop news, loopnewsbarbados

spot_img

loop news st lucia, the loop st lucia, loop st lucia, st lucia loop news online, st lucia news online today, st lucia, st lucia news, stlucia news, st lucia news online, stlucianewsonline, st. lucia news online, st lucia breaking news, stlucianews

500 Saint Lucian Entrepreneurs To Benefit From XCD 10 Million Loan Facility

Join Our WhatsApp Channel

Get news updates directly on your mobile device through WhatsApp

- Advertisement -

At least 500 Saint Lucian MSMEs and entrepreneurs are eligible to access capital to grow and jump start their business ventures from the newly minted MSME Loan Grant Facility.

he Government of Saint Lucia has secured XCD 10 million from the Caribbean Development Bank’s Special Development Fund 10th Cycle Loan Facility to materialize this new policy.

Up to 70% of the funding for approved applicants will be grant and just 30% loan a interest rate of only 3%. Conceptualized by Prime Minister Hon. Philip J. Pierre in 2021, the MSME Loan Grant Facility was officially launched on March 16, 2023.

More from Rehani Isidore:

- Advertisement -

SOURCE: Office of the Prime Minister. Headline photo: Stock image.

- Advertisement -
Editorial Staff
Our Editorial Staff at St. Lucia Times is a team publishing news and other articles to over 200,000 regular monthly readers in Saint Lucia and in over 150 other countries worldwide.

Please note that comments are being moderated. When commenting, please remember: 1) be respectful of all, 2) don't make accusations or post anything that is unverified, 3) don't include foul language, 4) limit links, 5) use words not volume, 6) don't add promotional content. Comments that do not meet the above criteria or adhere to our "Commenting Policy" will not be published.

1 COMMENT

  1. Great idea, but can we get to know the amount of passports sold from 2016 to 2021?
    Then slp how many have all you sell already?

LEAVE A REPLY

Please enter your comment!
Please enter your name here

TRENDING

Subscribe to our St. Lucia Times Newsletter

Get our headlines emailed to you every day.

Share via
Join Our WhatsApp Channel for NewsJoin
+ +
%d bloggers like this:
Send this to a friend