Aharenge Bank Community Fund phase 4 in Maldives
The Bank of Maldives is inviting applications for Aharenge Bank Community Fund phase 4 to empower individuals to contribute to their communities through sustainable projects.
They will support 20 community-based projects in the thematic areas of education, environment, sports, and community development. This will be implemented in 4 phases during 2021.
Winning projects will be granted MVR 50,000 each!
Requirements for Projects
The project should be carried out in Maldives and should benefit a community by bringing people together to create a positive change.
The project idea should be sustainable and create a lasting impact.
What are they looking for?
They’re looking for ideas that improve community spirit, promote sustainability and provide a social opportunity. For example:
Creating a Community Garden where everyone can plant vegetables, fruits, herbs and come together as a community
Establishing Community Libraries to instill a love for reading and learning
Installing solar powered lights in public areas such as schools and harbor
Reinventing “holhuashi” to meet today’s community needs
Building mobile apps that contribute to sustainable innovations within the community
Promoting coding and innovation for children and youth
The project is open for individuals, local Non-Governmental Organizations (NGOs), Community-Based Organizations (CBOs), women’s development groups, tech community movements and youth empowerment groups. Government and Business entities are not eligible.
Requirements for applicants:
Only individuals and legally registered community-based organizations, non-governmental organizations, charities and clubs can apply.
Government bodies, business entities and other institutions that are state funded are not eligible.
Employees of Bank of Maldives and their immediate family members are not eligible.
All individual applicants and organizations must be credit worthy customers of Bank of Maldives.
The applicant should have a bank account with Bank of Maldives, or should have applied to open a bank account before the project is awarded. Transfer of funds to bank accounts with other local bank will be considered on a case-by-case basis.
For more information, visit https://www.bankofmaldives.com.mv/community-fund