Business owners with disabilities receive interest-free loans

Minister of Human Services and Social Security, Dr Vindhya Persaud (standing fourth from left), and Minister of Tourism, Industry and Commerce, Oneidge Walrond (standing third from left) with recipients of the small business loans. (DPI photo)

Small-business owners living with disabilities have been given a boost as they are now able to access affordable  funding to take their businesses to the next level.

The Department of Public Information (DPI) in a release stated that yesterday, eight small- business owners living with permanent disabilities were provided with funding to propel their businesses through the government’s revolving fund. This it explained, was made possible through the collaboration of the Ministry of Human Services and Social Security and the Ministry of Tourism, Industry, and Commerce’s Small Business Bureau, which aims to eliminate the unique challenges people living with disability experience when it comes to accessing finances, specifically loans. 

The release said that the fund is easily accessible and business owners living with disabilities can borrow as much as $500,000 with zero interest and no collateral.