Our key focus is to develop loan products and enable growth of businesses in the following sectors:
Rashu Fathuru loan product is introduced with the aim of developing local tourism within the atolls by enabling emerging local SMEs in the private sector to establish themselves in the Maldives tourism industry. Rashu Fathuru loan will cater to the needs and requirements of new as well as existing businesses looking to take on local tourism opportunities.
We at SDFC strongly believes that small businesses need financial support to meet their business needs. Our ‘Viyafaari Ehee’ loan product allows such businesses to meet their short-term needs without having to go through the hassle of meeting the rigorous eligibility criteria of other banks.
SDFC is collaborating with Ministry of Fisheries, Marine Resources and Agriculture to provide easily accessible financing options to parties involved in the agriculture sector. Being one of the priority sectors, SDFC gives utmost importance to cater to the needs and requirements of this sector. We believe that the sector growth can be boosted to contribute more to the economy.
Our ‘Harumudhaa’ loan product allows SME businesses to acquire assets to meet their long term investment needs.
Our ‘Viyafaari Tharaggee’ loan product caters to the needs of SME businesses in various sectors of our current economy. The product is specifically targeted towards expansion of existing businesses and to encourage long term investments by enabling ongoing businesses to develop.
Our ‘Fashaa Viyafaari’’ loan product is targeted towards encouraging entrepreneurship opportunities by providing startup finance to promote investments in the country. It allows new businesses to invest in fixed assets and finance their working capital needs.
SDFC is collaborating with the Ministry of Fisheries, Marine Resources, and Agriculture to provide easily accessible financing options towards the facilitation of RSW systems in existing fishing vessels. The purpose of this loan program will be to aid towards the overall sustainability and development of the fishing industry.
“Taxi Nafaa" loan product is introduced for the purpose of providing accessible financing options for taxi drivers in the Maldives.
Existing Taxi Replacement |
Existing Taxi Driver |
New Taxi Driver |
---|---|---|
1. Taxi must have been in operation for the past year with a valid taxi permit. | 1. Taxi Driver Permit Holder (should have operated as a taxi driver for 1 year) | 1. Taxi Driver Permit Holder |
2. Age of the car: 10 years and more | 2. For taxi service provision in the Greater Male region and Cities | 2. For taxi service provision in the Greater Male region and Cities |
The "Fannuveri Nafaa" loan product is introduced with the purpose of providing accessible financing to aid in the overall sustainability and development of the creative industry in the Maldives.