Bank of Maldives BML has today opened applications for proposals under its Community Fund for the second phase of the year.
BML said that 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.
It said that all registered NGOs based in Male’ and islands are eligible to apply.
The Bank stated that 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.
It clarified that the application deadline is 11:59 pm on 10th August 2023. Application forms and proposals should be emailed to [email protected]
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.
