April 7th, 2017, (Bridgetown, Barbados): Cave Shepherd & Co. Ltd through its Visa Card Unit is pleased to announce its partnership with the Barbados Institute of Management and Productivity (BIMAP) to offer educational financing to the Student and Alumni bodies with the signing of a Memorandum of Understanding . This partnership will facilitate revolving credit financing by way of the Cave Shepherd Visa Credit Card to assist current and prospective BIMAP students to achieve their educational goals.
BIMAP has been one of the leading higher learning institutions specializing in workforce development, serv1c1ng Barbados as well as the Eastern Caribbean and Africa. Guided by its mission to improve the efficiency and effectiveness of management, public and private, and to increase national productivity, BIMAP continues to meet the training needs of the business communities. Like many businesses, Cave Shepherd & Co. Ltd has remained an active member of BIMAP from its early years of operation as many of the managerial team members have benefited from the training offered.
Alison Browne-Ellis, Director of Card Services and Dr. Sonia Greenidge- Franklyn, Executive Director of BIMAP signed the Memorandum of Understanding on behalf of their respective companies. Dr. Greenidge-Franklyn stated that "entering into this new partnership with the Cave Shepherd Visa Credit Card presents our prospective and existing students with a viable financing instrument that supports their focus of personal and professional development." Browne-Ellis added that "acquiring the Cave Shepherd Visa Credit Card is a hassle free process and that the signed MoU presents prospective students who are first time card applicants with even more enhanced benefits like the waiver of processing fees; the entire student body and alumni will also benefit from special joint promotional offers. New applicants approved through this initiative will be amongst the first to receive their Cave Shepherd Visa Credit Cards through our on the spot instant issuance service."
She further stated that the Cave Shepherd Visa Credit Card carries Chip technology, which is the international security standard. "Additionally, we will soon be launching our Transaction SMS & Email Alert feature that sends text or email messages when Cardholders use their cards at the point-of-sales, online or even for telephone purchases. This service offers yet another layer of security and can be used by Cardholders to help protect their accounts from credit card fraud."
To strengthen the partnership, Browne-Ellis revealed that the Cave Shepherd Visa Credit Card will be sponsoring a new Challenge Trophy and Student Cup for the Most Outstanding BBA graduate of the Financial Management Programme. "Moreover, we understand the link between studying and the visual impact of surroundings and to this end we are delighted to assist with the refurbishment of the dedicated student area, which will soon be rebranded as the Cave Shepherd Visa Credit Card Student Lounge."
Browne-Ellis paid tribute to the Barbados Institute of Management and Productivity (BIMAP) for its dedication to workforce development and productivity improvement for over forty years. In acknowledgment of the contribution made by BIMAP, Executive Director, Dr. Greenidge-Franklyn stated that BIMAP has assisted thousands of persons in attaining certification that is relevant and internationally accepted. She further stated that "Employers have shown their support by continuing to send their staff members to the Institute for their training and development needs and by inviting BIMAP to conduct specialized programmes for their staff members. Employers report that, once persons have been trained by BIMAP, they see immediate results and improved work habits and application of skills. "The Memorandum of Understanding was signed by both entities at BIMAP during the media briefing to announce the partnership.
Cave Shepherd & Co. Limited is a diverse and multi-faceted organisation with interests in retail, tourism, financial services, property development and international business.