Empowering Black Jamaicans in Business

There are thousands of Black Jamaicans living in poverty, with crime rate at one of the highest anywhere in the world. We know that economic empowerment is the way to improve the lives of our fellow Jamaican citizens.

We know, as a provider of free financial services, free credit counselling, and assisting individuals with getting access to loans to start or grow their small or micro business, is next to near impossible.

It is reported that there are over 4,000 registered small businesses and another 20,000+ unregistered small businesses operating in Jamaica, but almost all lack the human, financial or technical resources to grow or to become even legitimate. 

In a recent publication in the Jamaica Observer, "The Statistical Institute of Jamaica (STATIN) notes that 90 per cent of businesses surveyed are not accessing business loans. This fact should not surprise policymakers, since reports consistently show that Jamaican small businesses are unbankable. Hence in this context, one would not expect most establishments to access loans, due to the requirements of banks." 

So what are doing currently and planning to expand on doing, is a fund raiser to help black Jamaican Entrepreneurs to do the following: 

1. Provid grant funding for legal services (e.g. - to register their businesses)
2. Provide grant funding to be used for Technical assistance (e.g. - writing of business plans).
3. Provide low to no interest rate loans for these small business owners (to provide needed working capital). 
4. To provide much needed colleteral for loans from the commercial banks and other lenders. 
5. To continue to provide free credit counselling services 

Folks, we interact with thousands of Jamaicans and all of them simply want a better life for their families. I guarantee you that they are not looking for a handout, but a little help to get them on the right path to financial freedom. 

We are grateful and appreciate any help you can give to this cause. 

God Bless.
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