jamaica Market Profile

April 23, 2014 - 2:35am from MicroCapital
Event Name: Asia Microfinance Forum (AMF) 2014 Event Date: August 4 – 8, 2014 Event Location: Marriott Shanghai City Center, Shanghai, China Cost: Admission to the forum costs USD 565 for the general public, USD 465 for representatives of registered non-governmental organizations, and USD 265 for students and members of the Banking With the Poor Network (BWTP). All participants registering prior to June 13, 2014 are eligible for a discount of USD 100. Summary ...
April 8, 2014 - 8:42pm from MicroCapital
Event Name: The Fifth Caribbean Microfinance Forum: Building an Environment for Entrepreneurs to Excel Event Date: June 2 – 5, 2014 Event Location: Iberostar Rose Hall Suites Hotel, Montego Bay, Jamaica Cost: The standard registration fee is USD 300 with a rate of USD 250 offered for Caribbean participants. Discounted rates are available to Caribbean MicroFinance Alliance (CMFA) members at USD 200, entrepreneurs and students at USD 175, and one-day admission tickets ...
March 26, 2014 - 8:58am from Google news - microfinance
Loan shark label unfair, says Microfinance AssociationJamaica ObserverA culture of unpatriotism and misguided perception has beset the local microfinance ...
March 20, 2014 - 5:56am from MicroCapital
The government of Jamaica has initiated the implementation of the Security Interests in Personal Property (SIPP) Registry to facilitate financial access for micro-, small and medium-sized enterprises (MSMEs) by supporting the use of non-real estate assets, including movable items, as collateral [1][2]. The SIPP Registry, also known as the National Collateral Registry, will keep records of all assets that are being used as collateral so that financial institutions will be able to ...
March 3, 2014 - 7:20am from Google news - microfinance
Tufton urges regulation of microfinance sectorJamaica ObserverDR Chris Tufton yesterday described as "burdensome" the interest rates being charged by microfinance lenders and urged the Government to look ...
February 28, 2014 - 10:05pm from Mundo Microfinanzas
Dos foros caribeños de microfinanzas en diez días. El V Foro Caribeño de Microfinanzas tendrá lugar, finalmente, en la ciudad de Montego Bay, en el noroeste de la isla, entre los días 2 y 5 de junio de 2014. El evento, organizado por los socios del proyecto Fortalecimiento de Capacidades en Microfinanzas del Caribe (Carib-Cap), se había programado en un principio para noviembre del año pasado
February 10, 2014 - 2:51pm from Global development: Poverty matters blog | guardian.co.uk
Aruba in the southern Caribbean has 107,000 people, a lot of wind and sun and, until very recently, one very big problem. Despite the trade winds and sunshine, it was spending more than 16% of its economy on importing 6,500 barrels of diesel fuel a day to generate electricity. People were furious at the tripling of energy prices in 10 years and the ...
February 3, 2014 - 7:36am from RemittancesGateway
THE fact that Jamaica has for too long been living beyond its means is dramatised by external borrowing reaching 140 per cent of Gross Domestic Product (GDP) and the large and persistent gap between foreign exchange earnings and the expenditure. The perennial foreign exchange gap is also evident in the depreciation of the Jamaican ...
February 3, 2014 - 7:36am from RemittancesGateway
THE fact that Jamaica has for too long been living beyond its means is dramatised by external borrowing reaching 140 per cent of Gross Domestic Product (GDP) and the large and persistent gap between foreign exchange earnings and the expenditure. The perennial foreign exchange gap is also evident in the depreciation of the Jamaican ...
December 24, 2013 - 5:05am from MicroCapital
The Jamaican Ministry of Finance reportedly has announced plans to regulate microfinance institutions (MFIs) in the country. This cut would be made possible by the proposed Microcredit Act of 2013 that would replace the Moneylending Act of 1999. Under the new law, the maximum annual interest rate would be set at 40 percent. The proposed Microcredit Act also requires lenders to register with the Ministry of Finance and meet certain stipulations such as disclosing loan terms and risks. This ...
December 23, 2013 - 7:00am from Global development: Poverty matters blog | guardian.co.uk
By Christmas Eve, the Philippines will have spent $1bn (£0.6bn) paying foreign debts in the seven weeks since typhoon Haiyan devastated much of the country. It will have spent a total of $8.4bn on foreign debt in 2013, and faces a further $8.8bn in 2014. While a little more than
November 7, 2013 - 11:39pm from Mundo Microfinanzas
Marcus James, CEO de Access, recibe el premio de manos de larepresentante del BID en Jamaica, Therese Turner-Jones(foto: Access Financial Services) (Mundo Microfinanzas) Jamaica, Belice y Surinam estuvieron en la fila de los ganadores del 2° Premio Anual Citi al Microempresario del Caribe, cuya ceremonia tuvo lugar el pasado 31 de octubre en el Courtleigh Hotel & Suites, de Kingston.
October 3, 2013 - 1:45pm from Global development: Poverty matters blog | guardian.co.uk
Age: Debatable, but arguably yet to reach double digits in its (much debated) modern sense. Though the Asian Development Bank referred to the concept around the turn of the century as "growth that the poor and disadvantaged share in", it wasn't until the mid-noughties that it became common currency. In April 2004, as part of a wider drive to meet the ...
September 11, 2013 - 6:00am from MicroCapital
Development Bank of Jamaica (DBJ), a Jamaican state-owned bank, reportedly has created 3,324 jobs over the past five years through its loan program for micro-, small and medium-sized enterprises (MSMEs). DBJ has loaned JMD 3.5 billion (USD 34 million) since the program began during fiscal year 2008/2009. The loans were distributed through retail banks, credit unions and microlenders. According to an unnamed borrower, his loan has harmed the “viability of his business”. In Jamaica, ...
August 27, 2013 - 11:00am from MicroCapital
The Jamaican government reportedly has announced a plan to begin disbursing mobile money payments to beneficiaries of its Program of Advancement Through Health and Education (PATH), a conditional cash transfer (CCT) program established in partnership with the US-based World Bank Group that provides grants for health and education to poor people. The mobile money system, in which participants receive money electronically through mobile phone, will replace the previous system of disbursing ...
August 21, 2013 - 8:49pm from Mundo Microfinanzas
(Mundo Microfinanzas) El presidente del Banco de Desarrollo de Jamaica (DBJ), Joseph Matalon, dijo que una industria microfinanciera sólida es crucial para reducir el desempleo en el país y la región del Caribe. Maureen Webber(foto: Carib-CAP) Al referirse a las cifras sobre empleo dadas a conocer este viernes por el Instituto Estadístico de Jamaica (Statin), el banquero señaló que “la
August 20, 2013 - 1:22pm from Microfinance Africa
Last year the Development Bank of Jamaica (DBJ) committed and disbursed over $1.2 billion to the Micro, Small and Medium Enterprise (MSME) sector, covering 200 small and medium sized business loans. The Bank’s funding activities have helped to establish nine new companies, 850 new jobs, and the maintenance of close to 7,000 existing jobs. Additionally, micro finance institutions onlent in excess of $225 million to over 4,000 micro entrepreneurs. Chairman of ...
August 20, 2013 - 11:21am from Google news - microfinance
'Look to the microfinance industry to address unemploymentJamaica ObserverCHAIRMAN of the Development Bank of Jamaica Joseph M Matalon says a strong microfinance industry is critical to reducing Jamaica's unemployment. Matalon, ...
August 20, 2013 - 9:52am from Global development: Poverty matters blog | guardian.co.uk
Last month in Jamaica, a 16-year-old boy was beaten, stabbed, shot and run over by a car when he showed up at a party in women's clothing for the first time. Before his death, Dwayne Jones had endured relentless taunting, at home and at school, ...
August 19, 2013 - 8:32pm from Google news - microfinance
Government of Jamaica, Jamaica Information ServiceDBJ Disburses $1.2 Billion to MSME Sector in 2012Government of Jamaica, Jamaica Information ServiceChairman ...