SDFC opens new loan scheme for women entrepreneurs

6 days ago

The SME Development Finance Corporation (SDFC) has opened applications for a new financing scheme aimed at supporting women-led businesses. The scheme offers Shariah-compliant, collateral-free financing ranging from MVR 25,000 to MVR 250,000. It is available to both aspiring entrepreneurs and those already operating businesses. The facility carries a profit rate of 9.5 percent per annum, with a maximum grace period of