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22nd June 2020

BML announces winning proposals for ‘Aharenge Bank Community Fund’ – First Quarter 2020

English Dhivehi
22nd June 2020

BML announces winning proposals for ‘Aharenge Bank Community Fund’ – First Quarter 2020

Bank of Maldives has today announced the 5 winning proposals for the first quarter of 2020 as part of its “Aharenge Bank Community Fund’, a nationwide campaign to empower individuals to contribute to society by conducting sustainable community projects.

  The winning five projects are: 

  • Establishing a Community Park – Sh. Kanditheemu  
  • Enhancement of Library Facilities – AA. Atoll Education Centre (AA. Rasdhoo)
  • Establishing a Community Picnic Area – Th. Veymandoo
  • Establishing a Skate Park – G.Dh. Vadhoo
  • Establishing a park for the elderly (Maama Kaafa Park) – S. Feydhoo

“With the impact of COVID-19, we faced many difficulties to continue ‘Aharenge Bank’ community fund projects. However, just as we did last year our main focus is to continue and deliver 20 projects which benefits the community through our Community Fund program. Our gratitude and thanks goes to the individuals and NGOs working very hard to ensure that these projects are completed in due time even during this difficult period” commented BML’s Manager of Public Relations Mohamed Saeed. 

With the introduction of Community Fund, we have financially supported projects conducted in 25 islands benefiting the local community.  

Under the Aharenge Bank Community Fund, BML will select and allocate MVR 50,000 to projects in the areas of education, environment, sports and community development. This year the project submission is divided into 3 phase. 5 winning proposals will be selected during the 1st and 2nd phase while 10 winning proposals will be selected during the 3rd phase.  


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