Three locally owned businesses in Antigua and Barbuda have been approved for loans totaling EC$210,000 under the Entrepreneurial Development Programme.
Riett Cole received approval for EC$50,000 to finish a deli at R. Cole’s Grocery Plus in All Saints Village and buy a generator and two commercial freezers. Cabinet said she has already invested more than EC$77,000 in the project.
Duberry Estates, operated by Catherine Williams-Joseph, was approved for EC$100,000 to complete roofing on a five-apartment short-term rental development near Jolly Harbour’s North Gate. Williams-Joseph, who also runs Mary’s Taxi Tours & Rentals, plans to offer accommodation alongside tourism services. Cabinet said the venture is expected to employ four people initially.
KCH Properties, operated by Colin Harrigan and Karel Forde-Harrigan, was approved for EC$60,000 to furnish additional apartments.
The programme’s Loan Review Committee assessed the applications before they went to Cabinet for approval.
This article was originally published by Antigua News Room. Read the original article here: Three Antigua and Barbuda Businesses Approved for EC$210,000 in Expansion Loans.