Preheat oven to 350. In a large bowl, mix vegan sugar and margarine. Add bananas and water. Prepare the binding powder according to the directions given. Add to wet mixture. Stir in the remaining ingredients, except the coconut,just until moistened. Fold in coconut. Oil bottom only of a 9x5x3 loaf pan. Pour batter into pan. Bake for about 1 hour or until toothpick inserted comes out clean. Cool 5 minutes. Loosen sides form pan; remove loaf.Cool completely.
I like to slice it about 10 minutes after its out of the pan and serve it warm with a touch of vegan margarine. Just a touch of coconut makes this Caribbean Banana Bread extra moist.