For many in the Caribbean and Latin America, remittances are a lifeline. For thousands of Jamaicans, these funds are even more crucial than ever as the country recovers from the widespread damage caused by Hurricane Melissa. With several communities still struggling to rebuild homes, restore utilities and replace lost income, support from relatives abroad is vital to staying afloat.
These money transfers also often cover daily necessities such as food, medication, transportation and utility bills for the elderly and those with marginal incomes. This was evident during past crises, including the COVID-19 pandemic, as remittances helped thousands cope with reduced salaries or job losses, preventing them from sliding deeper into poverty. With the passage of the devastating Hurricane Melissa, a similar pattern is re-emerging, as Jamaicans in hurricane-affected areas lean on relatives overseas to manage rising expenses and repair costs.
As the Christmas season approaches, remittances sent will be especially meaningful, offering hope and financial stability as the country works towards recovery.
JN Money has been a linchpin in the recovery process, executing several initiatives to support Jamaicans during this time of difficulty. From waiving fees shortly after the hurricane’s passage so that Jamaicans could help family and friends in need, to facilitating cash and relief donations at its locations in the USA, UK, Canada and Cayman. JN Money is committed to helping Jamaica “build back better.”
In these difficult times, the diaspora’s support remains not just important, but essential and as the premier and largest Caribbean-owned remittance brand, JN Money has continued to provide channels for Jamaicans overseas to remain connected to their loved ones and play their part in sharing holiday hope this season.
Horace Hines
General Manager, JN Money Services