NYC encourages youth to take advantage of low interest loans at AID Bank

The National Youth Council of Dominica continuously seeks to be a voice for Dominica’s youth and continues to advocate for the benefit of all youth.

As such we have remained a tuned to the current developments in Dominica Post-Maria. It is encouraging to know that the Government of Dominica continues to create the enabling environment to foster economic activity.

We are faced with new realities but there is still hope and much opportunities. We wish therefore to stand in solidarity with the AID bank and its counterparts to reduce the interest rates at the AID bank to enable better access to the various loans facilities there.

We would like to encourage Dominica’s youth to take advantage of these various facilities. A number of young people have been adversely affected by the passage of Hurricane Maria and those who had small businesses whether in the Hospitality, Agriculture of Manufacturing Sector. Consequently, many have lost their jobs. However now calls for the real fortitude of our youth and that is entrepreneurship, innovation and creativity.

We say to you, ready yourselves, position yourself, be it as an individual or group. Formulate your business plans, if not seek technical assistance from the bank, the Dominica Youth Business Trust or the Ministry of Commerce & Small Business. Our leaders can only do so much, and we trust that they have our best interest at heart. So to, do you have a responsibility to take action.

Unemployment continues to be a challenge globally let alone in Dominica and our Caribbean Region. We can combat it by tapping into our talents, the only real currency that we possess. A number of you have done well for yourselves by obtaining an education and developing a skill. Now is the time to put it to work.

The council stands ready to facilitate you in any way possible, our doors are open and staff willing to hear your ideas.

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  1. Roger Burnett
    December 25, 2017

    The burden of a bank loan is the last thing I’d wish for our youth.

  2. Anonymous
    December 21, 2017

    That message is only propaganda and meaningless. It would be more meaningful if the youth council stop farting about and help create jobs so our youth can earn a living. A loan without security of income is just pie in the sky.

    • me
      December 22, 2017

      IDIOT did you read the article

      • Me
        December 26, 2017

        Yes, and it is noting but flatulous wind.

  3. Belleshorty
    December 21, 2017

    Even those that have Loan already and not getting help how are they going to pay back

  4. Just Blaze
    December 21, 2017

    The youth dont have no jobs. The economy is bad Where they going to get money to pay back loans?

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