International news, News

IMF members give lukewarm endorsement to strengthening of global economy

Published 17 October 2017

Buckie Got It, St. Kitts and Nevis News Source

IMF members give lukewarm endorsement to strengthening of global economy

WASHINGTON, USA, October 15th 2017 – International Monetary Fund members gave lukewarm endorsement to a strengthening global economy but conceded they were not out of the woods as they grappled with subdued inflation, low potential growth and an uneven recovery that clouded the outlook.

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Local news, News

I am empowered because Grandmother ‘pushed’ me to Development Bank

Published 17 October 2017

Buckie Got It, St. Kitts and Nevis News Source

By: Peter Ngunjiri, Press Release

Charlestown, Nevis, October 17, 2017 (DBSKN) — It took the combined efforts and goodwill of a loving grandmother and a bank that truly makes a sustained positive difference in people’s lives, the Development Bank of St. Kitts and Nevis (DBSKN), to propel a hard working young Nevisian from being an employee to an employer in the short period of one and a half years.

After graduating from the Gingerland Secondary School, the now 26-year-old Mr George Chapman did not waste his time looking for white collar jobs which everyone knows are hard to come by. He instead opted to work for a ready-mix construction material company and within a short time he was their truck driver.

“I decided to venture out on my own because when the company I was working for closed down, I was still getting opportunities like jobs and my boss used to give me his truck to use,” said Mr Chapman. “But the truck broke down and I decided I wanted to have my own.”

He did not have the money to buy the truck, but his grandmother Mrs Verna Roberts of Newcastle, St. James, Nevis, encouraged him to go to banks as they would be in a position to give him a loan for him to buy the truck he needed. Grandmother was not happy seeing him without a job yet she knew that he was a hard working grandson.

“I went to one of the commercial banks in Nevis and I explained to them that I needed to buy a truck and exactly what I needed from them in terms of a loan, and they said they will look into my application,” said Mr Chapman. “They never called me.”

Mr Chapman is not one to give up easily. He was told that the Development Bank of St. Kitts and Nevis, which has a branch in Charlestown, had been offering loans at concessionary rates to new and existing small-to-medium scale businesses. He decided to try them.

“When I went to the Development Bank Ms (Hyacinth) Pemberton (the branch manager) said she would work with me to get through with the loan process,” said Mr Chapman. “She helped me by ensuring that I got a Fresh Start Programme loan where I did not have to put down any deposit and the interest rates were much lower. They were very good to me – they were excellent.”

With the truck that he bought, he started providing service to the building and construction industry delivering stones and sand, and when he would get a job on a worksite, he would move stones, sand and top soil. He was the sole employee of his company at that time.

He named his new company Grandson’s Trucking Services.

“I went for that name because my grandmother, Mrs Verna Roberts of Newcastle, pushed me,” said Mr Chapman. “She did an excellent job. I honoured her by calling my company Grandson’s Trucking Services.”

He used the first truck for one year before he decided to expand the business by adding another truck and a backhoe. He went back to the Development Bank of St. Kitts and Nevis, and based on his established relations with them, the bank was more than happy to assist him.

“Development Bank of St. Kitts and Nevis prides itself as the bank that makes a sustained positive difference in people’s lives and Mr George Chapman came to us as someone who not only had an idea, but was already in the business although the truck he was using was not his,” said the Nevis Branch Manager of the Development Bank, Ms Hyacinth Pemberton.

The bank manager added: “It was a pleasant task for us at Development Bank to assist the young entrepreneur to get on his feet in a field that he knew very well. He established his business, and when he came back for the second loan we took into consideration the fact that he would be employing people to operate the new equipment and creation of jobs is one area the Development Bank places a great emphasis on.”

The owner of Grandson’s Trucking Services is appreciative of the special way the Development Bank of St. Kitts and Nevis treats its clients.

“When I went back to get another loan, the process took just one week and I was very thankful for that,” said Mr Chapman. “They did an excellent job. Would I go back to Development Bank? Yes! I need a next truck and I will certainly go back there. I need to have another person in employment.”

The Nevisian entrepreneur explained: “When I had the first truck I was the only one in my employment as I was the one driving the truck. With two trucks and a backhoe, I have two people in my employment. One drives the truck and the other drives the backhoe. I have taken two people out of unemployment to employment, and they are appreciating it.”

 

Disclaimer
This article was posted in its entirety as received by buckiegotit.com. This media house does not correct any spelling or grammatical error within press releases and commentaries. The views expressed therein are not necessarily those of buckiegotit.com, its sponsors or advertisers.

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Local news, News

Kittitian entrepreneur featured in international magazine

Published 17 October 2017

Buckie Got It, St. Kitts and Nevis News Source

By: Jermine Abel, SKNVibes.com

BASSETERRE, St. Kitts – SETH SAHELY, one of the Federation’s accomplished private chefs, has been featured in one of the world’s top magazine for his culinary skills.

Sahely, a resident of Ponds Extension, Basseterre, St. Kitts, has been featured in the October edition of Mélange Travel Lifestyle Magazine – an entity that showcases the Caribbean culture through various individuals.

The jovial chef told SKNVibes that culinary arts were not the first choice in his a career path since he was focussed on being an entrepreneur. However, it was the joy and influence of his mother that led him to become a chef.

His mother, Wendy Sahely, better known as ‘Aunty Wendy’, has since retired from that field and she had passed on the ‘baton’.

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Local news, News

Breaking News !!!!!!Asbury Office was on fire

Published 17 October 2017

Buckie Got It, St. Kitts and Nevis News Source

Breaking News !!!!!!Asbury Office was on fire

More to follow on this story

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Entertainment, Events

D&D Dance fittness group

Published 16 October 2017

Buckie Got It, St. Kitts and Nevis News Source

D&D Dance fittness group

The dance fittness was giving and opportunity to perform twice on the Newtown Swimsuit Pageant . Its was a good experience for the group. We just want to say thanks to Serene Weekes for hiring us we really appreciate it.
Dance fittness can be hired to perform just contact:Dovaldena/Dovanice @7626896/6698597. Also we are inviting any female who are interested in joining the group or those who do not want to join but wants to learn or just as an exercise, We are open to ages 16 and up
Just have a look at our first performance below??

 

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