Yallahs - About Us

Yallahs Community Development Fund Limited was created to provide credit to micro businesses. It (C.D.F.) was established by residents in the community, pooling their resources together with also a grant from the social and economical support programme. It was registered under the Provident Society's Act in November 1992. The initial share capital then was twenty seven thousand three hundred and eighty five dollars ($27,385.00). Two persons were employed to the C.D.F., (a manager and a clerk/secretary).

The objectives of the Community Development Fund (C.D.F) is to help people within the parish who have difficulty in accessing a loan through banking institutions for the start-up of businesses and for the expansion of their businesses, to enhance employment and income generation for the unemployed and in-still a level of economic prosperity within the parish. The Community Development Fund (C.D.F) offers funding in three main sectors, Manufacturing, Service and for Agricultural purpose.

The Community Development Fund (C.D.F) presently employs four staff member a chairman, an Office Manager, Administrative Assistance and a Clerk. The existing share capital is three hundred and thirty-one thousand seven hundred and sixty dollars ($331,760). The C.D.F. is geared towards expanding its clientele by selling itself vigorously so that everyone who is in need of our service/assistance will benefit in every corner of the parish thereby providing a sense of community pride, discipline and hope with the new ability to enhance their self esteem and the overall development of their community.

 

MISSION

To promote sustainable development and improve Micro businesses and the lifestyle of citizens in St. Thomas by providing easy access loans to our customers, encouraging saving, investment, employment and fostering prosperity via entrepreneurship and a competent staff.

VISION

To be the leading Micro lending enterprise in the parish, by providing loans at a competitive cost and facilitating same day approval while nurturing a healthy portfolio.