Address: 22c-d Old Hope Road, Kingston 5
Phone: (876) 929-4100
Fax: (876) 926-1216
Email: ndfjinfo@ndfj.org.jm
Website:
Open: Monday – Friday 8:30 am – 4:30 pm
Contact: Chief Executive Officer
Phone: (876) 929-4100
Fax: (876) 926-1216
Email: ndfjinfo@ndfj.org.jm
In order to secure financing for regular loans, the borrower has to satisfy a number of requirements. He/she must own a viable business and be directly responsible for the management of that business, meet the credit and collateral requirements and be willing to accept training and technical services. Collateral items may vary from land/building to cash on fixed deposits, motor vehicles or a person or company who will pledge security on behalf of the borrower. The NDFJ will finance businesses in agriculture, manufacturing and services.
To become eligible for Micro Loans the borrower must be a Jamaican and own and operate a viable business for at least six months. The borrower must also meet other credit requirements and be willing to accept training and technical services. We may accept household appliances and business equipment, in good condition, as well as motor vehicles with or without comprehensive insurance coverage as collateral. Additionally, the borrower must provide two guarantors who are employed or self-employed (in his/her own business).
Rural Entrepreneurs Assistance Programme (REAP)is a new approach to micro-financing, supported by training, mentoring and coaching, aimed at increasing employment and improving the economy of communities that have been impacted by failure of banana cultivation (as a main crop) and the closure of bauxite production plants. The programme is geared to impact entrepreneurs from communities who operate far from urban centers, and who lack access to information, financing and training.
Regular Loans. Between $200,000 and $5 million is made available to small business operators, many of whom would not normally be able to access loans from the regular financial institutions.
Micro Loans. Between $20,000 and $300,000 is made available to micro business operators.
The Business Builders and Recovery Programme has been developed to address the short-comings and challenges faced by the small business sector. These training sessions will address general and specific problems, through business diagnostics and interactive classroom sessions covering everyday business issues, all geared to participants’ needs. Sessions will be delivered by experienced entrepreneurial and business trainers, supplemented by presentations from business specialists. These include:
Entrepreneurial Development
Marketing and Exporting
Production and the Environment
Personal and Business Finance
Tax and Accounting
Business Plan Writing
Business Presentations
Courses offered in the areas of:
Business Studies (A.Sc. Degree)
Paralegal Studies (Diploma)
Human Resource Management (Diploma)
Marketing (Diploma)
Labour Law and Industrial Relations
Information Technology Programmes
Project Management (MS Project)
Supervisory Management
Production Management
Customer Service & Telephone Techniques
Sales & Marketing
Records Management
Inventory Management
Conflict Resolution
Complete Business Plan Writing
Proposal Writing
Psychometric Analysis and Performance Improvement (GEMS)
Management for Secondary Schools Administrators (Florida International University)
Business Startup and Management
Entrepreneurial Development
Taxation and Accounting
Marketing and Exporting
Production and Environmental Management
Personal and Business Finance
Business Profile Development
Customized Courses
Events Planning
Basic Floral Arrangement
Advanced Floral Arrangement
