Delinquency a major issue for NDFD

first_img Share Share Sharing is caring! Share Chairman of the Board of Directors, Dr. Damien DublinMany financial institutions, for several years, have been faced with a challenge of getting customers to repay their debts.The National Development Foundation of Dominica (NDFD) is no exception.At its annual general meeting on Wednesday, Chairman of the Board of Directors, Dr. Damien Dublin made this revelation. “It is just interesting, people come to you work with them to get their projects going….but there are some people I can say, they come for a loan and in their mind they have decided that they are not going to [re]pay the loan”. He explained that part of the problem is that often times the funds are not utilized for that which it was approved, particularly in instances where grant funding is available.“Especially in areas where there is a grant component, people go through all things, put their projects together, but their eye is on the grand component and when that is consumed they do not pay enough attention to the overall project”.He emphasized that the Foundation tried to maintain a close relationship with its customers.“We always tell people, if you have an issue just come, talk to us we’ll see how we can work with you. If you come and we give you the loan to help you to develop yourself if you have any problems let us know”.Dublin stated that the delinquency issue “is being manifested in all institutions” as often the “you see some names published in papers and they are the same names recurring right through”. He called on customers of the NDFD to “realize that you have a part to play, it’s a relationship”.Trade Minister, Dr. Colin McIntyre also reiterated Dr. Dublin’s call for citizens to repay their debts.He said this practice can affect the sustainability of the Foundation.“Folks who come in here use the money and sad but true, don’t intend to pay back and this does not help at all in terms of the sustainability of our businesses. Make sure that you try your best to cut spending here, save, just try it”.According to him, due to the global financial “it’s not easy” and “the light at the end of the tunnel is extremely dim still but we can see a faint ray coming across”. Dominica Vibes Newscenter_img 11 Views   no discussions LocalNews Delinquency a major issue for NDFD by: – September 6, 2012 Tweetlast_img read more

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Pipe Dream

first_img RelatedOpen for Comment: FERC holds public meeting for Rio Grande LNG, Texas LNG projectsFERC holds public meeting for Rio Grande LNG, Texas LNG projects By DINA ARÉVALO Port Isabel-South Padre Press [email protected] The Federal Regulatory Energy Commission (FERC) was in town last Thursday to host a public comment session regarding the latest updates on two proposed liquefied natural gas (LNG) export terminal projects. Recently,…November 23, 2018In “News”Letter to the Editor for 3-17-2016Special to the PRESS Dear Editor,  LNG Water Supply and Waste Management? National Parks Service (NPS) in February 2016, listed concerns on the FERC (Federal Energy Regulatory Commission) site for the LNG export terminal and pipeline proposed by Rio Grande LNG/Rio Bravo Pipeline, LLCs. Here are some of the concerns…March 18, 2016In “News”Texas LNG, opponents moving forward  By DINA ARÉVALO Port Isabel-South Padre Press [email protected] In what has become a regular occurrence, members of the group Save RGV from LNG met last Thursday evening at Galleria 409 in Brownsville to discuss the progress of several Liquefied Natural Gas (LNG) companies that are seeking to build export facilities…July 25, 2015In “News” LNG oppositition group discusses proposed pipelineBy PETE BANDASpecial to the [email protected] things continue to move forward in regards to the efforts by three Liquefied Natural Gas (LNG) companies to construct LNG export terminals along the Port of Brownsville, so too, have efforts to oppose the projects.Most recently, Rio Grande LNG has begun entertaining more serious discussions for the construction of a pipeline — Rio Brave Pipeline — that would supply its proposed LNG export facility. The company announced on May 24 that it had started an ‘open season’ seeking binding commitments for the pipeline’s construction.With possible massive negative effects on the environment, wildlife, and even recreational life, a rather large group of citizens have risen up against the proposed LNG complex. Save RGV from LNG is a group that has been going town to town for over a year in an attempt to raise awareness among the people LNG would most directly impact.On Monday evening, the group gathered in Los Fresnos for their first official meeting focused solely on the impact the Rio Bravo Natural Pipeline would have on the Valley.Want the whole story? Pick up a copy of the Port Isabel-South Padre Press, or subscribe to our E-Edition by clicking here. Sharelast_img read more

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Historical Society signs go up on Wednesday

first_imgSigns went up on the former Davis-Freeman Clinic on Wednesday.  David Hatfield of Duff put up the signs.  He indicated that they’d had the signs a while, and no one had put them up yet.The clinic  building was built in the early 1950s before La Follette had a hospital.  After the deaths of Dr. M.L. Davis and Dr. James Freeman in the 1980s, the Campbell County Historical Society purchased the building in the 1990s. (WLAF NEWS PUBLISHED – 07/19/2018-6AM)Share this:FacebookTwitterlast_img

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