JN crowdfunding platform goes live in August

i Support Jamaica

JN Small Business Loans Ltd’s crowdfunding platform, ISupportJamaica.com, plans to start distributing loans to business start-ups at the end of August. The ISupport initiative was developed by JN and first unveiled in June, but as is typical for crowdfunding arrangements, the funds for lending will be sourced from individuals. JN says it continues to solicit donations to seed the loan pool, but is already receiving contributions for the ‘give’ component of the initiative targeted at non-profits and non-governmental organisations, according to project manager Saffrey Brown. More