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Education Loan


The best investment you can make is in yourself!


Our education loan provides the opportunity for you to further develop your intellectual and analytical capabilities, obtain a job and earn a higher income.

You can well be on your way to impacting your community, region and world with our education loan!


Loan limit:  EC$121,270 (General) and EC$148,220 (Law/Medicine) 

Competitive Interest rate: 8% on reducing balance

Maximum repayment period: up to 12 years (Inclusive of grace period)

Optional grace period on principal: study period + 3 months (Clients also have the option of having their full instalments paid during their study period.)


Use of funds (includes but not limited to):
  • Tuition
  • Accommodation
  • Books
  • Computer
  • Airfare to school
  • Transportation (where applicable)
  • Living expenses


To qualify you must:
  • Be a citizen of the Commonwealth of Dominica
  • Be over 18 years of age (conditions apply if you are below 18)


Modified Security Requirements:

  • Only One Guarantor is required for loan amounts of $20,000 and below
  • Only Two Guarantors are required for loan amounts from $20,001 to $30,000
  • A Certificate of Title is required for loans in excess of $30,000


Call of Visit us today!

Cnr. Charles Avenue and Rawles Lane

Goodwill, Roseau, Commonwealth of Dominica

Local: (767) 448-2853 / 255-9400   Fax: 448-4903    Int'l: 1-305-396-2547