Mr. Denis Kingsley
Canadian High
Commissioner

The Government of Canada is delighted to have had such a successful partnership with Micro Enterprise Financing Limited (MEFL).

MEFL provides a unique micro-finance model which is the result of a tripartite relationship between the Government of Canada, through the Canadian International Development Agency (CIDA), the Bank of Nova Scotia Jamaica Ltd. (BNSJ) and the Kingston Restoration Company (KRC). It is truly a case of successful collaboration. field of micro-financing.

I am pleased to see that since its establishment some four years ago, MEFL has been providing high-quality financial services to Jamaican micro-entrepreneurs. The company is dedicated to strengthening the economic base of low-income, urban and rural entrepreneurs, particularly women, and has expanded into rural Jamaica in response to the need for agricultural loans. MEFL is now serving businesspeople through a third branch in Savanna-la-Mar, Westmoreland.

Through the provision of a range of loan products on a no-collateral basis, with flexible payment terms and specialist business development advice and training, MEFL is making micro-finance work for the poor. It is a powerful development agent which empowers people, improves standards of living and builds the Jamaican economy.

On behalf of Canada, I congratulate MEFL on it achievements to date and encourage its continued efforts towards economic development and growth, in the interest of enhancing the quality of life of the Jamaican people.

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