Micro-lender Dolla Financial has been approved for funding from the Development Bank of Jamaica.
In a notice to the Jamaica Stock Exchange, the company says it was given the green light for a J$500 million facility.
The funds are generally earmarked for accredited micro finance institutions (MFI) approved by the Development Bank of Jamaica (DBJ).
This falls under the DBJ's Micro Small and Medium-sized Enterprise (MSME) Line of Credit, and is to be disbursed and managed by Mayberry Investments Limited.
The DBJ says it has lent more than $11.9 billion to micro finance institutions since the Micro Finance Window was established in 2009.
At least 12 other institutions have benefitted from the programme.
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