Guyana Development Bank will lend small firms about fourteen thousand dollars at zero interest, but only registered businesses can reach the money.
Key Facts
—The bill. The draft Guyana Development Bank Bill 2026 was published in the Official Gazette on June 4 and tabled in the National Assembly.
—The capital. Authorized capital is GY$40bn ($192m), funded entirely by the state through parliamentary allocations.
—The loan. Microcredit runs to GY$3m ($14,400) per borrower, with no collateral and no interest.
—The catch. Borrowers need a registered business and a tax number, which most informal traders do not have.
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