Bank of Maldives (BML) has on Monday announced the 10 winning proposals for the final phase of the year, under its “Aharenge Bank” Community Fund initiative.
The ten winning projects are;
- Installing solar powered street lights in Goidhoo island of Shaviyani atoll; proposed by Ibrahim Nisham Ahmed
- Establishing a public library in Fainu island of Raa atoll; proposed by Fainu Association for Community Endeavors
- Community park development in Eydhafushi island of Baa atoll; proposed by West Wings Eydhafushi
- Community facility renovation on Kurendhoo island of Lhaviyani atoll; proposed by Keesa, Kurendhoo’s Environment Education Sports Association
- Revamp the beach library in the capital’s suburban district Hulhumale’; proposed by Children of Maldives
- Establishing a fish cutting platform in Bodufulhadhoo island of Alif Alif atoll; proposed by the Revolutionary Bodufulhadhoo Generation
- Establishing a reading park in Thoddoo island of Alif Alif atoll; proposed by Adam Afsal
- Community garden development in Fonadhoo island of Laamu atoll; proposed by Fonadhoo Environment and Sustainability Development
- Support for effective waste management system in Gadhdhoo island of Gaafu Dhaalu atoll; proposed by Saastra Community, and
- Establishing a nature park in Hoadehdhoo island of Gaafu Dhaalu atoll; proposed by Hoadehdhoo Sports
Launched during February 2019, the “Aharenge Bank” Community Fund aims to empower individuals to contribute to their communities through sustainable projects and is a campaign to emphasize the bank’s commitment to bond with the people. The fund invites proposals that improve the ‘overall spirit of their respective communities, promote sustainability and provide social opportunities’.
This year’s project submission was divided into three phases with five proposals selected in the first two phases.
Noting that a number of great proposals was submitted for the fund for the third quarter, BML’s Manager of Public Relations Mohamed Saeed thanked the individuals and NGOs involved in initiating these projects and working tirelessly to deliver it.
While the national bank has now provided funding for projects in 40 islands across the country under the Aharenge Bank fund, with the completion of the 10 new projects announced on Monday, it would have supported 50 such projects.
BML allocates MVR 50,000 to each project in the areas of education, environment, sports and community development under the Aharenge Bank Community Fund initiative.
