VM Building Society expands disaster recovery financing in Jamaica

VM Building Society (VMBS) has expanded its support for Jamaican businesses to aid in disaster recovery and climate resilience. As part of this initiative, VMBS has become an Approved Financial Institution within the Development Bank of Jamaica’s (DBJ) M5 Business Recovery Loan Programme.

The partnership aims to increase access to development funding and disaster-recovery financing, specifically targeting micro, small, and medium enterprises (MSMEs). The goal is to help these businesses restore operations, protect jobs, and invest in infrastructure to better withstand future climate-related disruptions. VMBS has already disbursed over J$35 million in M5 loans to its business clients.