BML installs solar-powered streetlights in Sh. Maaungoodhoo under community fund initiative

Bank of Maldives has installed solar-powered streetlights in Maaungoodhoo island of Shaviyani atoll, under its Community Fund initiative.

The country’s national bank announced the successful completion of the installation of solar-powered streetlights in Maaungoodhoo, on Thursday.

BML revealed that the project was successfully implemented by a local NGO, Society for Maaungoodhoo Youth Linkage.

25 streetlights were installed along the main roads of the island, under the project.

Mohamed Zahir, an island resident, stated that the island community has been facing a lot of challenges due to the lack of streetlights in the area.

With the successful installation of streetlights, the island community remains hopeful that they can make the island a safe space for the community, and make a difference to the environment by reducing dependence on non-renewable energy.

The community fund campaign aims to empower individuals to contribute to the society by conducting sustainable community projects across the Maldives.

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. The Fund supports projects in the thematic areas of education, environment, sports and community development.

A total of 20 projects will be funded during 2022, similar to previous years.