Bank of Maldives has opened applications on July 10 for proposals under its Community Fund for the second phase of the year. The fund is open for registered NGOs to access funds up to MVR 50,000 to implement local projects in the areas of environment, education, sports and community development.
All registered NGOs based in Male’ and islands are eligible to apply. In this phase, 10 projects will be selected from the proposals received. Similar to previous years, a total of 20 projects will be funded during this year. The application deadline is 11:59pm on 10th August 2023. Application form and proposals should be emailed to firstname.lastname@example.org.
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 90 projects across the country through this Fund.
Bank of Maldives News