GBTI caters to single parent women with the Women of Worth Loan Facility. This plan allows single parent women to access financing to start their own businesses. These business ventures include: dress making, poultry rearing, floral arranging, hairdressing, childcare, craft and novelty making and fabric designing. This venture is a collaborative one with the Ministry of Human Services & Social Security.
Applicants must be registered with the Ministry of Human Services and Social Security Single Parent Registry and be issued with an Introductory Letter by the Ministry or its Representative Agency. WOW Loans are available from $100,000 to $250,000 for up to a maximum of 24 months and carry an interest rate of 6%.
The Bank provides successful applicants 100% of the required amount needed for the loan and no equity is required.