The Bank of Maldives has announced five winning proposals for the second quarter of 2022, under the bank’s ‘Aharenge Bank Community Fund’ initiative.
The community fund campaign aims to empower individuals to contribute to the society by conducting sustainable community projects across the Maldives.
The national bank revealed that the five winning proposals are:
- A proposal to establish a fish filleting platform in Himandhoo island of Alif Alif atoll, submitted by Club New Friends.
- A proposal to install RO machines, and water dispensers in Bodufulhadhoo School– A.A. Bodufolhudhoo, submitted by Revolutionary Bodufolhudhoo Generation.
- A proposal to establish a fish filleting platform in Neykurendhoo island of Haa Dhaal atoll, submitted by the Association for Neykurendhoo Development.
- A proposal to renovate a pre-school park in Fenfushi island of Alif Dhaal atoll, submitted by Fenfushi Zuvaanunge Dhirun.
- A proposal by Hulhudheli Island Social & Sports Association to establish a fish filleting platform in Hulhudheli island of Dhaalu atoll.
BML opened for proposals under the second phase of the ‘Aharenge Bank’ Community Fund, during May.
The ‘Aharenge Bank’ Community Fund is a programme aimed at empowering individuals and NGOs to contribute to local communities through sustainable development projects. The offer is open for individuals, local NGOs, Community-Based Organizations (CBOs), women’s development groups, tech community movements and youth empowerment groups. Government and business entities are not eligible for the program.
Since the initiative was launched, BML has funded projects in 65 islands across the country under the Community Fund initiative.
A total of 20 projects will be funded during 2022, similar to previous years.
