BML announces 5 winning proposals in Q3 of Aharenge Bank Community Fund

Photo shows the headquarters of the Bank of Maldives in Male' city.

Bank of Maldives (BML) has announced the five winning proposals for this year’s third quarter of its ‘Aharenge Bank Community Fund’.

‘Aharenge Bank Community Fund’ is a prominent part of BML’s Corporate Social Responsibility – which aims to empower local individuals and NGOs to contribute to their communities by way of sustainable projects.

Administered in four quarters this year, the Bank selects five successful proposals for community-based projects falling under the themes; education, environment, sports and community development – in each phase. Each winning proposal will be awarded MVR 50,000 to implement the proposed project.

The five winning proposals under the third phase of the Community Fund were announced today. They are:

  1. Installation of solar street lights – B. Kudarikilu
  2. Outdoor reading area – HA. Thakandhoo
  3. Development of a community picnic area – V. Felidhoo
  4. Establishing a fish filleting platform – N. Maalhendhoo
  5. Establishing an ecological park – HA. Molhadhoo

Following the announcement of the winners, BML’s Public Relations Manager Mohamed Saeed noted that they received a number of good proposals this time around even – describing it as a reflection of the commitment of many individuals and NGOs to better their society.

“The main focus of our Community Fund program is to continue delivering projects that benefit the community. We were pleased to note that once again, we received a number of quality proposals for the Fund, which is a reflection of the commitment of many individuals and NGOs to the betterment of their community. Congratulations to the winners and our appreciation to those continuing to work hard during these challenging times to complete the projects on time,” he had said.

According to the Bank, the Community Fund has financially supported community development projects across 55 islands in the Maldives.