Business
JAM | Sep 10, 2024

DBJ to empower tradesmen on TOOL Road Show

/ Our Today

administrator
Reading Time: 2 minutes
The Development of Jamaica (DBJ) as seen from Emancipation Park in New Kingston.
(Photo: dbankjm.com)

The Development Bank of Jamaica (DBJ) will be targeting local tradespersons on the first leg of its TOOL Road Show which will be held in the Corporate Area on September 11 and 13.

Through the two-day event, the DBJ will highlight its recently launched Tradesperson Ownership Opportunity Loan (TOOL) Programme, which is already empowering local tradespersons by providing accessible financing to purchase essential tools and equipment.

Jamaican tradesmen making measurements at an undisclosed construction site in the Corporate Area. (Photo: mlss.gov.jm)

The TOOL Road Show will be on location with suppliers partnering with DBJ such as Delta Supply Company, K-Ban Hardware, National Supply Company, SCL Jamaica, Rapid True Value, Total Tools, and Hi-Pro.

According to David Wan, acting general manager of the DBJ, “The TOOL Road Show is an excellent opportunity for Jamaica’s tradesmen and tradeswomen to learn first-hand about the financial resources available to them. By bringing together our partner suppliers, MFIs, and the DBJ team, we aim to create an environment where contractors can easily access the funding they need to grow their businesses. We encourage everyone to join us and discover how the TOOL Programme can be a game-changer for their business.”

WAN…we aim to create an environment where contractors can easily access the funding they need to grow their businesses (Photo: JIS)

During the road shows, participants can benefit from special discounts on select tools, giveaways and prizes. Attendees will also be able to meet with microfinance institutions (MFIs) who are offering TOOL loans including EXIM Bank, LASCO Microfinance, Bull Investments, JN Bank and Regions Financial Services to secure details on how to access loans of up to $500,000 to purchase tools, enhance their productivity, and grow their businesses.

As part of this initiative, the TOOL Road Show will continue to make its rounds in other sections of the island, bringing its benefits to more local tradespeople.

Tags

Comments

What To Read Next