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Guyana Bank for Trade and Industry (GBTI)

1. Green Loan

Energy saving and solar powered appliances and devices as well as solar and wind projects will be among those that will benefit from the Green Loan facility at the Guyana Bank for Trade and Industry (GBTI).

Under the special loan facility, the interest rate will be 8 to 11 percent per year with a maximum repayment period of five years. The bank would offer special concessions as well as a moratorium of between one and six months and up to five years to repay.
The Guyana Bank for Trade and Industry (GBTI) has expressed hope that Guyanese will become more aware of the importance of preserving the environment, and the bank intends to promote this idea through its recently-launched Green Loans Plan.
The bank is targeting individuals and businesses who want to engage in low-carbon-driven initiatives. This includes wind and solar powered projects or services; and, as antiquated as it may seem, hand-powered machines, because they are energy-saving mechanisms.
The ‘green ‘loans also cover financing for products such as energy-saving appliances, air filters and low- carbon economic investments.

Category/ies:Funding Opportunities, Guyana News.
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