To Apply For a Loan

IPED loans money for business development to non-traditional customers - persons and businesses anywhere in Guyana who may not have access to commercial banking. IPED has financed activities in agriculture, fishing, and the service industry, industrial projects and retail/ commercial activities.

Loan Categories

• Micro Loans - up to $600,000
• Small Loans - up to $5,000,000
• Medium Loans - up to $20,000,000

Why IPED?

• Personalised business counselling and guidance from specialist staff
• Industry-specific training and updating at a convenient location
• Coverage of loans with credit life insurance
• Promotion of your business on the 'Grow with IPED' television programme
• Easy access to the Head Office and/ or Branches and officers in all ten Administrative Regions of Guyana
• Convenient loan payments in installments via the nearest Post Office or Bill Express office.

Loan Requirements

Applicants should:

• Have a business idea
• Be at least 18 years old
• Have Proof of Identity (e.g. National ID Card or Passport)
• Have Proof of Address (e.g. Utility Bill)
• Be able to demonstrate a personal commitment to the project
• Have two character references
• Provide loan collateral, with proof of ownership
• Provide an equity contribution in cash or kind
• Provide application and legal fees
• Have licences from State Agencies if required by statute (e.g. Shop licence, Food-Handler's Certificate or Import/ Export licence)
• Have been in business for at least 6 months