To qualify as an applicant, you must meet the following criteria:

  • You must be at least 18 years of age
  • You must have a registered business or show a business plan for one
  • Your business should have no more than 10 employees
  • Your business revenue/turnover should not exceed BBD $500,000 per year


Loan Amount:

  • Startups: up to BBD $15,000
  • Existing businesses (trading for at least 1 year): up to BBD $25,000

Loan Term: Up to 5 years

Interest Rate: 5 % fixed

Security/Collateral: None

Capital Repayment Holidays: None

Mentorship: A mentor will be assigned to each beneficiary granted a loan


As part of our offering and means of supporting beneficiaries, the Trust assigns each beneficiary a dedicated Mentor free of charge.

Our Mentors are businesspeople from diverse business backgrounds who volunteer their time to provide business guidance to each beneficiary. Our Mentors’ focus is on understanding what the beneficiary wants to achieve while sharing their experience and network to assist in achieving those goals. The mentor-beneficiary relationship is key to ensuring a successful business outcome and therefore requires regular one-on-one meetings and business progress reviews.