Since making history in its recent IPO, Dolla Financial Services Limited (Dolla) has been on an upward trajectory in its objective to create shareholder value.
On Tuesday, the company inked a deal with RTA Biz Energy Solutions in a collaboration aimed at helping RTA Biz Energy Solutions clients finance the cost of alternative energy solutions, including solar panels, solar water heaters, and generators.
Ryan Anderson, CEO of the RTA Biz group, was elated at the societal benefits of that would come from the alliance.
“We are ecstatic to be a part of this collaboration that will provide the entire island with access to a more sustainable source of energy. Our objectives have always been to not only provide a greener lifestyle but also to reach a wider range of people who desire to use green energy. Our hopes will now become a reality thanks to this merger,” Anderson said.
“Our goals are big but are much more attainable as a result of this deal. This partnership goes beyond just a business deal; it will create a ripple effect that will benefit people islandwide. Jamaicans will have easy access to funding, a simple application procedure, and flexible payment choices for their alternative energy solution from RTA Biz Energy thanks to Dolla Financial.”
Dolla’s Chief Operations Officer Kenroy Kerr underscored the company’s role in the partnership.
“RTA Biz and Dolla Financial Services have teamed up to make alternative energy items like solar panels, solar water heaters, and generators more available to the public at a time when fuel prices are at an all-time high and electricity bills are skyrocketing. As we all know, the initial cost of these energy items can be prohibitive for many people. Therefore, Dolla’s role in the partnership will be to provide much-needed funding to those who are interested. Dolla is happy to do its part as a socially responsible firm in increasing the availability of more sustainable energy alternatives in Jamaica, through The Dolla Green Energy Loan,” Kerr asserted.
Kerr added that the collaboration would result in the mutual growth of both RTA Biz and Dolla and
that the group is looking forward to working closely with RTA Biz to build a better, environmentally sustainable Jamaica for all.
The microfinance company was recently listed on the Jamaica Stock Exchange (JSE), raising
more than $4.7 billion, the largest amount raised on the junior stock market.