DBJ agricultural sector loans are granted for:

• Working capital for long-term farm projects
• Production of short-term crops (e.g., replanting costs for sugar cane and cash crops, pasture upgrading in dairy and beef production, and emergency needs, such as peat control and fencing)
• Rearing livestock
• Financing long-term crops, such as coffee and citrus
• Purchase of new machines and equipment
• Agro-industry projects

Eligibility Criteria

Approval will be considered for loans meeting the following criteria:

• Customer's contribution of at least 30% of the project cost as cash equity contribution
• Projects must make a positive contribution to the country's economic development (e.g., creating employment, generating foreign exchange)
• There must be a competent management structure in place
• There must be good prospects of profitable return
• Projects must be environmentally friendly
• Foreign investors may be eligible, but the Bank of Jamaica must receive approval