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Shop # 2
Lot 8 Portmore Town Center
Portmore
ST. Catherine
The Portmore Community Development Fund is a registered company under the Industrial and Provident Societies Act and provides project financing to existing businesses within the parish of St. Catherine. The Fund is an approved lending agency of the Micro Investment Development Agency (MIDA) and was originally one of two Community Development Funds serving Portmore. It has since taken over the loan portfolio of the Braeton Community Development Fund, which was an older lending organization.
The Portmore Community Development Fund has grown considerably since it commenced operations in 1996 and to date has provided over 650 loans to residents in St. Catherine and the Cooperate Area. In fact, it is the only Community Development Fund now serving the parish of St. Catherine and has clients from all over the parish in a varying range of Agriculture, Manufacturing and Service oriented business activities.
Service Offered
(1) Business loans of up to four (4) times your saving
Our motto at Portmore Community Development Fund is Save, Develop, Invest, Grow.
We are strong believers in the concept of community strengthening through the above operatives and thus encourage individuals, and micro businesses to put the motto to practice for their own benefit. As such we offer the financial services to help you to grow. Our motto also encompasses our operation strategy in that by the pooling of funds through in a Community Revolving Fund, an individual operator of a micro business can borrow up to four times the amount of savings he has with the organization whilst still earning interest guaranteed on his/her savings.
Prior to accessing a loan, the project being financed should reflect viability and the applicant should possess skills/training appropriate to the management of the business.
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