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Qredits grants the 300th microcredit on Bonaire

On to the next 300!

Milagros Blanken
Written by
Milagros Blanken
Branch Manager
Added on
19-08-2021
Average reading time
3 minutes
Posted under
Nieuws
Microkrediet
News

A milestone for entrepreneurship on Bonaire

KRALENDIJK, August 18, 2021 – On August 16, Qredits Bonaire celebrated its 300th loan issuance. The 300th Microcredit was granted to entrepreneur Andrew Sint Jago, enabling him to purchase a septic tank truck for his business, ‘Diamond Septic Services.’ Qredits has been active on Bonaire since 2015, offering loans of up to $50,000 to new and existing entrepreneurs for starting or growing their businesses.

A big step for entrepreneurship

Mr. Elwin Groenevelt, Director of Qredits, Mr. Hennyson Thielman, Representative of the Public Entity Bonaire, and the Qredits Bonaire team presented a symbolic check to entrepreneur Andrew Sint Jago. Andrew Sint Jago is a local entrepreneur who originally worked as a plumber. Over the past few years, he worked as a manager/maintenance worker at an after-school care center. In May 2021, he founded his business, ‘Diamond Septic Services.’ In addition to septic tank cleaning, the company also offers other services, such as repairing sewer systems and fixing blockages.

Qredits Bonaire aims to strengthen entrepreneurship on Bonaire by offering Microcredits of up to $50,000 to (start-up) entrepreneurs. It also provides personal coaching and other resources focused on the development of the entrepreneur and their business. Existing entrepreneurs can also apply for corona bridge loans of up to $40,000. These loans are intended to help businesses bridge the challenges of the COVID-19 crisis. Entrepreneurs pay an interest rate between 1.75% and 6.75% for the entire loan term, depending on the type of bridge loan.

Looking for a loan for your business too?

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Qredits for the entrepreneur

Since late 2015, Qredits has been established on Bonaire with an office located at Kaya Industria 15-G. Over the years, many loan applications have been submitted to Qredits, and 300 have already been financed. These businesses are diverse and operate in various sectors. All of them faced challenges in securing financing and were looking for that extra push. At Qredits, we celebrate the success you achieve as an entrepreneur. That’s why we offer loans, training, and coaching without a profit motive for ourselves.

Everything for your success!