Bank of Maldives (BML) has opened
applications for proposals under its Community Fund for the third phase of the
year. As per statement by the Bank, a total of 10 projects will be selected to receive MVR 50,000 to
implement projects in the areas of education, environment, sports and community
development. The Community Fund is open only for registered NGOs.
According to the BML, NGOs can send proposals with
supporting documents to [email protected] before 11:59pm on 17th
October 2022.
The Community Fund is a
program to empower NGOs to contribute to their communities through sustainable
projects. As of today, the Bank has provided financial assistance for 70
projects across the country through this fund.