The Bank of Maldives (BML) has opened applications for proposals under its Community Fund for the first phase of the year.
BML stated that the fund is open for registered non-government organisations (NGOs) to access funds up to USD3,242 to implement local projects in the areas of environment, education, sports, and community development. A total of 10 projects will be selected from the proposals received. Similar to previous years, a total of 20 projects will be funded during the year. BML also stated that the deadline for the applications is April 15.
The BML Community Fund is a programme to empower NGOs to contribute to their communities through sustainable projects. The bank has provided funding for 80 projects across the country under the fund over the past four years.