The national bank, Bank of Maldives (BML) on Wednesday opened applications for proposals under its Community Fund for the first phase of the year.
BML Community Fund is a program to empower NGOs to contribute to their communities through sustainable projects. The bank has provided funding for 80 projects across the country under this fund over the past four years.
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. In this phase, ten 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 15th April 2023.