National People's Cooperative Bank of Jamaica Ltd.
|Institution Contact Details|
|Name of Institution||National People's Cooperative Bank of Jamaica Ltd.|
|Postal Address||Lot 19 Nashville Subdivision, Mandeville P.O, Manchester|
|Contact Persons||Mr. Curtis Barnett - General Manager
Ms. Andrea Clarke - Finance Manager
|Category Of Membership Application||Microfinance Provider|
|General Institutional Information|
|Current Legal Status||Regulated by the Agricultural Credit Board|
|Objectives||The Bank is a Cooperative of an economic and social nature, its objectives are:
- To receive the savings of its members and invest them for profit.
- To grant credit to its owners.
|Brief History||The People's Cooperative Bank movement spans over 107 years. Our Management, Volunteers, Partners and staff are committed to the task of 'Building Communities, by Ensuring the Growth and Development of our Members".|
|Ownership||The NPCB is owned by its members|
|Microfinance Operations||Pilot project started with ten (10) on March 26, 2013, this was extended to twenty one (21) branches with a present portfolio of 1,129.|
|Main Funding Sources||The Development Bank of Jamaica Ltd. as well as NPCB (Loan from own funds)|
|Main Challenges||The need for adequate MIS|