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Mission & Vision Statement for NRDF


Mission Statement:
“To consistently provide stakeholders with opportunities to improve the socio-economic conditions through research, finance and high quality training.”

To this end, the Foundation will adopt a collaborative integrated and participatory approach in providing research, training and technical assistance. It will provide credit, advocacy, project management, information and other administrative services with due regard to its own economic viability.

Vision Statement:
To become the Premier Business Research and Development Institute

Business Focus

NRDF provides loans, training and consultancy services for the benefit of micro and small entrepreneurs, which may be organized as sole proprietors, partnerships, companies or co-operatives.

Four objectives underline these services, namely:
  • Generating and increasing the income of borrowers
  • Generating new jobs opportunities and protecting existing jobs
  • Stimulating greater local production and foreign exchange
  • Increasing exports and foreign exchange earnings for St. Lucia.
Priority areas:
  • Tourism Related Services
  • Manufacturing Services
  • Agro- processing Services
  • Construction Projects
  • Low Income Housing, Repairs and Retrofitting
  • Farming
  • Craft