BASSETERRE, St. Kitts, January 4th, 2012 (CUOPM) – Small businesses are to get help and financing will be made available to low-income families in acquiring their own homes, St. Kitts and Nevis’ Prime Minister the Rt. Hon. Dr. Denzil L. Douglas has announced.
Prime Minister Douglas told the Nation that the Sugar Industry Diversification Foundation (SIDF) will step up its activities in relation to the funding of small businesses, including young entrepreneurs, through the Development Bank of St. Kitts and Nevis and other local financial institutions.
“The SIDF will also introduce a new construction financing programme that would assist low income families encountering difficulties in meeting the down-payment requirements for the acquisition of new homes,” said Dr. Douglas.
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