News

SFDC opens application for two loan schemes

SME Development Finance Corporation (SDFC) has opened loan applications in two categories for small and medium enterprises. SDFC is accepting applications for loan schemes after a two-year hiatus.

The corporation opened applications for its 'Dhanduveri Nafaa' and 'Viyafaari Ehee' loan. The loan application forms will be available from Monday onwards and can be submitted through the corporation's website.

The maximum amount that can be borrowed under the 'Viyafaari Ehee' loan is MVR three million. Up to MVR 75,000 will be lent under the 'Dhanduveri Nafaa' loan.

Other loan schemes by SDFC will open for application in May.