JMMB Express Finance has launched an interest free loan for COVID-19 funerals.
The JEF interest-free COVID-19 loan programme was officially launched earlier this month.
The purpose of the programme is to support families faced with increased unexpected and unplanned funeral expenses as a result of the pandemic.
According to data from the Ministry of Health there have been more than 3,350 COVID-19 deaths in the country.
“At JMMB we truly do have our clients’ best interest at heart and we wanted to ease some of their burdens through this Programme. Unfortunately, funeral expenses are a very real part of this COVID-19 pandemic and we believe being able to access a loan during this difficult time, without paying any interest, will offer some relief,” a release from JEF stated.
With this programme JEF will be working with the Association of Funeral Professionals of T&T to offer the interest free loan solution throughout the country.
“We want to ensure that the programme is easily accessible to persons who most need this kind of support,” JEF’s chief executive officer Elson James stated.
All regular lending criteria will apply and the loan will only be accessible to qualified persons wishing to secure funds for funeral expenses related to COVID-19, the release stated.