SME Loans

Economic Ministry again announces SME loan opportunity

  • The government will be giving of loans amounting to MVR 5 million
  • The deadline for applications is open until this Thursday, 12th April

Shan Anees
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K. Male' 2018 Apr 09 | Mon 13:30 2,927 business

The Economic Ministry's office in capital city Malé - Google

The Ministry of Economic Development has again opened opportunity for small and medium-sized enterprises (SMEs) operators to apply for loans.

The ministry said on Sunday that the government will be giving of loans of up to MVR 50 million this year. The deadline for applications is open until this Thursday, 12th April.

Only businesses with all-Maldivian staff are eligible for this loan. The ministry will be giving preference to companies owned by women or young men, in which a special-needs individual has stakes, or environment-friendly policies.

Last updated at: 3 weeks ago | Reviewed by: Shan Anees

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