5 islands receive support from BML Community Fund

A project that received funding from the BML Community Fund. (Photo/BML)

Bank of Maldives (BML) has announced the five winning proposals for the fourth and last phase of its “Aharenge Bank Community Fund’ this year.

The Aharenge Bank Community Fund is a nationwide campaign to empower individuals to contribute to society through sustainable community projects.

The winning five projects are:

  • Development of barbecue area, N. Henbadhoo – Hamid Rasheed
  • Outdoor library, K. Maafushi – New Start Sports Club
  • Outdoor reading area, F. Feeali – Fathuhulla Shathir
  • Beach development, Th. Buruni - Buruni Youth Sports Club
  • Recreational park for senior citizens, GDh. Thinadhoo – Ameeza Afeef

BML’s PR Manager Mohamed Saeed said that the main focus of the bank’s Community Fund was to continue delivering projects that benefit local communities.

A project that received funding from the BML Community Fund. (Photo/BML)

“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. We would like to congratulate the winners and express our appreciation to the individuals and NGOs for their ideas, initiating these projects and working tirelessly to deliver them projects on time,” he said.

The bank has been investing MVR 1 million per annum in the Community Fund since it was introduced in 2019.

Since the introduction of Community Fund, BML has financially supported 60 projects in communities across Maldives.