Building Tomorrow, Today - Investor Presentation slide image

Building Tomorrow, Today - Investor Presentation

CASE STUDY JMMB Bank Increasing access to finance for Jamaican SMEs Category: Social Sub-category: Socioeconomic advancement and empowerment Jamaica Approved amount: Allocated amount: $35M $35M 5 EQUALITY GENDER 8 DECENT WORK AND ECONOM GROWTH M INDUSTRY, INNOVATION 9 AND INFRASTRUCTURE The project is successfully helping JMMB to strengthen its SME portfolio widening access to finance for this segment. Specifically, the following outcomes have been achieved: 10 372 SMEs supported Total value of loans disbursed to SMEs is around US$87.5 million. REDUCED INEQUALITIES At the end of 2021, JMMB had an outstanding SME portfolio of US$ 168.8 Million 12 RESPONSIBLE CONSUMPTION AND PRODUCTION QO 32 Also, as a result of this transaction, JMMB Bank has developed an E&S Policy and an E&S Framework (as part of the ESMS), implemented a gender-gap analysis, provided training in diversity, and designed a gender action plan that will guide the Bank's steps to improve gender equality and diversity.
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