Archive for July, 2014

Caribbean Development Bank provided loan to DFC

Saturday, July 26th, 2014

The Development Finance Corporation (DFC) in Belize received a US$10.5 million loan from the Caribbean Development Bank (CDB) which will help to provide financing for priority sectors in the jurisdiction.

The main objectives of the DFC are the improvement of home ownership, human development and development of micro, small and medium-sized enterprises, which are the significant part of Belize economy.

The loan from the Caribbean Development Bank will allow the Development Finance Corporation to provide financial support to the enterprises that very often face limited access to financing, as well as provide student loans, credits for low-income housing and for energy efficiency/renewable energy projects.