Our Progress
Since opening in the first quarter of 2017, Carilend has been growing exponentially. Every day, we work hard to match people who have funds to invest with those looking for a loan. Please see some key statistics below for Barbados:
Data below correct up to 31/12/2025 | Next update 15/04/2026
We promote responsible and fair borrowing by those who can afford it and are good with their money. As of December 31, 2025, the total loans approved was
$295,060,699
Borrower Demographics
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Carilend provides better returns by using state-of-the-art technology, cutting out the middleman and passing our savings directly onto Lenders. As of December 31, 2025, our Lenders had invested
$105,868,302
Lender Demographics
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The Reserve Fund is built up from contributions made by every Borrower at the time they take their loan. If a Borrower defaults, the Fund will usually repay the Lenders but reserves the right not to. If the claim is paid, you will be repaid. As of December 31, 2025, the Reserve Fund held
$10,404,062
Carilend Caribbean Holdings Limited is an associated company of the VM Group of companies. Carilend is the trading name of Carilend (Barbados) Ltd (Registered in Barbados as company number 40546 and offices located at One Welches, Welches, St Thomas, BB22025 Barbados), Carilend (Jamaica) Limited (registered in Jamaica as company number 98597 and offices located at 9th Floor, 60 Knutsford Boulevard, Kingston, Jamaica) and Caribbean Lending (Trinidad & Tobago) Limited (Registered in Trinidad & Tobago as company number C2018102407228 and offices located at Level 2, Invaders Bay Tower, Invaders Bay, Off Audrey Jeffers Highway, Port of Spain, Trinidad & Tobago).
Loans are subject to status and affordability. The rate and fees you pay depend on your credit profile. Over 21 years old only (Barbados and Jamaica). Over 20 years old only (Trinidad & Tobago).