Dolla Financial brokers deal with Derrimon Group

Jamaica-based regional microfinance lender Dolla Financial has signed a deal with distribution company Derrimon Group. The deal brings Derrimon into the micro-loans sector. However, Derrimon’s involvement will be limited to its staff, customers and contractors. The deal will see Dolla Financial being the preferred finance partner for Derrimon’s employees and contractors. With this deal now in […]

From loans officer to CEO: Dolla Financial boss shares success story

At age 24, Kadeen Mairs took a bold decision to leave his job as a loans officer at a commercial bank and set up M24 Investments, offering loans to microbusinesses in Lucea, Hanover. The Westmoreland native later sold his ownership stake in the business to an investment brokerage firm in 2014, with his loan portfolio later […]

FirstRock Private Equity acquires stake in Bahamian company

Private equity firm FirstRock Private Equity Limited, out of Barbados, has entered into a definitive agreement with Bahamian manufacturer and retailer My Ocean Limited to purchase a minority interest in the company. FirstRock Private Equity is a member of First Rock Group but is not an affiliate or a subsidiary of FirstRock Capital Holdings, which is […]

Dolla Financial expands to Guyana with plans for rapid growth

Dolla Financial

Jamaican microfinance outlet Dolla Financial Services has expanded to Guyana, establishing a local subsidiary there, which is poised for rapid expansion. Dolla Financial, which is a part of the FirstRock Capital Holdings group, has set up Dolla Financial Services (Guyana), which has just commenced operations. Dolla Financial Services Guyana is the first private microfinance outlet to […]

Bruce Golding appointed chairman First Rock Global Holdings Limited in Barbados

First Rock Private Equity

KINGSTON, Jamaica —  Former Prime Minister of Jamaica, Bruce Golding has been appointed Chairman of First Rock Global Holdings Barbados Limited, a member of the First Rock Group.Golding joins in a non-executive capacity of the Caribbean private equity firm, along with newly appointed Managing Director Chris Yeung.  The First Rock Group, co-founded by Ryan Reid […]