SDFC was established as a specialized financial institution providing financial products and ancillary services to MSMEs and entrepreneurial start-ups with the primary purpose of easing access to finance for MSMEs.
The leading financial institution assisting and supporting the development of MSMEs in the Maldives for achieving inclusive, broad-based and robust economic growth.
Support emergence and growth of MSMEs by providing solutions that cater to the financing needs of MSMEs and are widely accessible to MSMEs across the country.
At SDFC we strongly believe that our customers are the heart of our organization. Our aim is to closely work with our clients in providing superior and high quality services with swift and timely output.
SDFC encourages and supports local micro, small and medium sized enterprises and entrepreneurial start-ups to contribute to the local communities. We strongly believe in inclusive economic growth for the well-being of the entire population. In this manner, we will give priority to applications from women, youth and people with special needs to ensure that we create opportunities for all.
Our key focus is to develop loan products and enable growth of businesses in the following sectors:
SME Development Finance Corporation Pvt Ltd (SDFC) was issued the Financing Business License by Maldives Monetary Authority on 28th February 2019.
SDFC is owned by the Government of Maldives with shares of 3 City Councils, i.e. Male’ City, Fuvahmulah City and Addu City. The commencement of SDFC’s operations will make it easier for MSMEs to obtain financing to support their businesses while leading to healthy competition between the financial institutions.