Minister of Commerce, Charles Clifford, along with representatives from Cayman Islands Development Bank recently visited Cayman Brac.
The group met with small business owners to determine levels of assistance required to facilitate their operational needs.
Mr. Clifford underscored the value of the CIDB visit to the Sister Islands, saying: ‘In this time of dire need it was important for the CIDB to reach out to its affected customers and potential customers in the Sister Islands.’
Sister Islands Representative, Moses Kirkconnell, was very appreciative of the CIDB and their plans for support.
‘While small businesses are the ones most vulnerable to catastrophic events, such as we experienced here on the Brac; they can more dramatically benefit from loans and financial programs such as those offered by CIDB,’ Mr. Kirkconnell said.
The first loan approved under the previously announced Post-Paloma Relief plan was to a car rental agency.
CIDB General Manager, Ralph Lewis, said: ‘Our relief plan announced last week is in place and financial assistance has already been provided for some of our clients on the Sister Islands.’
Another meeting was held last week between the CIDB and the owners of a bakery located in Spot Bay.
To assist this customer, an order has been placed with an overseas vendor for delivery of additional equipment for the Bakery.
Existing business customers and potential customers are encouraged to contact the CIDB for an appointment to discuss their financial needs during weekly visits.
For more information on the Hurricane Relief programme and to make an appointment to meet with Mr. Lewis or other CIDB representatives in Cayman Brac, please contact the Disaster Coordinator, Rhonda Conolly, at 814 6262 or Mr. Lewis at 814-6269
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