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BML opens second phase of youth business financing with up to MVR 150,000 available
BML and SME Digital opened applications for the second phase of their Youth Entrepreneurship Financing programme, offering Maldivians aged 18 to 30 up to MVR 150,000 at a 7 percent annual profit rate with no collateral or equity required. The first phase disbursed more than MVR 300 million to over 3,000 young entrepreneurs.
LatestSecond phase of Youth Entrepreneurship Financing program, designed to foster young entrepreneurs, officially launchedRaajje (English), 1 Nov, 18:06
more than MVR 300 millionfinancing provided in first phase (first phase)4 outlets
7 percentAnnual profit rate4 outlets
over 3,000young entrepreneurs reached in first phase (first phase)3 outlets
up to MVR 150,000maximum financing amount3 outlets
between 18 and 30Eligible applicant age range3 outlets
Sources4carried itTSTEREME4 of 19 news outlets we monitor
Reports4one each
Reported over7 hfirst to latest report
Figures21as written, with their sentences
Who said what
the reports' own quoted words, each once
SME Digital CEO Badhurudheen Hassan highlighted the strong response to the initial phase, noting that demand had exceeded expectations and demonstrated the need for accessible financing among young entrepreneurs.
The first phase of this newly introduced financing received an overwhelming response that exceeded our expectations. We observed that the youth were in genuine need of such financing opportunities. It brings us great pleasure to have facil…
Bank of Maldives · Provide financing of up to MVR 150,000 to applicants aged 18 to 30 with no personal equity contribution or collateral, at a profit rate of 7% per annum over a five-year repayment …
Different words do not mean different facts: the cards above compare headline wording only.
Who reported it, and when
4 outlets, over 7 h
The Standard1 Nov, 11:05 · first report
The Edition1 Nov, 11:41 · 36 min later
Raajje (English)1 Nov, 18:06 · 7 h later
MM TV (English)1 Nov · time not given
1 Nov, 11:051 Nov, 18:06
Newest report: Raajje (English), 1 Nov, 18:06. Reports with a date and no time are listed but not placed on the line.
Claims side by side
figures and events as extracted, each with its sentence
5 agreed0 written differently10 from one source
Agreed
More than one source gave the same figure or event.
financing provided in first phase first phasemore than MVR 300 millionThe Standardmore than MVR 300 millionThe Editionover MVR 300 millionRaajje (English)more than MVR 300 millionMM TV (English)which provided more than MVR 300 million in financing to over 3,000 young entrepreneurs across the Maldives.
The first phase of the Youth Entrepreneurship Financing program has been successfully concluded, providing over MVR 300 million in funding to more than 3,000 young entrepreneurs across the Maldives.
The latest round follows the completion of the first phase, which provided more than MVR 300 million in financing to over 3,000 young entrepreneurs nationwide.
Annual profit rate7 percentThe Standard7 per centMM TV (English)7 percentThe Edition7% per annumRaajje (English)eligible applicants can obtain financing of up to MVR 150,000 at an annual profit rate of 7 percent, with a repayment period of five years, including a six-month grace period.
Issued at a profit rate of 7% per annum, the financing includes a total repayment period of five years, which incorporates an initial six-month grace period.
young entrepreneurs reached in first phase first phaseover 3,000The Standardover 3,000The Editionover 3,000MM TV (English)which provided more than MVR 300 million in financing to over 3,000 young entrepreneurs across the Maldives.
maximum financing amountup to MVR 150,000The EditionMVR 150,000Raajje (English)MVR 150,000MM TV (English)Individuals aged between 18 and 30 are eligible for this financing scheme, which offers funding of up to MVR 150,000.
Eligible applicant age rangebetween 18 and 30The Editionbetween 18 and 30MM TV (English)18 and 30Raajje (English)Individuals aged between 18 and 30 are eligible for this financing scheme
Only one source we monitor stated it. That is a gap in what we monitor, not a doubt about it.
Maximum financing available per applicant second phaseMVR 150,000The Standardoffering young Maldivians access to up to MVR 150,000 to establish or develop their businesses without collateral or an upfront equity contribution.
Eligible applicant age range second phasebetween 18 and 30The StandardThe facility is available to individuals aged between 18 and 30 and is designed to make business financing more accessible to young people
Young entrepreneurs funded in the first phase first phasemore than 3,000Raajje (English)The first phase of the Youth Entrepreneurship Financing program has been successfully concluded, providing over MVR 300 million in funding to more than 3,000 young entrepreneurs across the Maldives.
Applications opened for the second phase of the Youth Entrepreneurship Financing facility, a programme launched jointly by the Bank of Maldives and SME Digital.The EditionApplications have opened for the second phase of the Youth Entrepreneurship Financing facility, a programme launched jointly by the Bank of Maldives (BML) and SME Digital to support young entrepreneurs in starting and growing businesses.
Applications for the second phase of the Youth Entrepreneurship Financing scheme were opened by Bank of Maldives together with SME Development Finance Corporation.Raajje (English)Bank of Maldives, in collaboration with SME Development Finance Corporation (SDFC), has opened applications for the second phase of the Youth Entrepreneurship Financing scheme.
MVR 150,000maximum financing amountMM TV (English)offering financing of up to MVR 150,000 without requiring collateral or an equity contribution
Word for word from the report in MM TV (English). Open the report
Earlier reports gaveMVR 640,00010 Dec, 13:02The Standard
7 per centannual profit rateMM TV (English)Financing carries an annual profit rate of 7 per cent, with a repayment period of five years, including a six-month grace period.
Word for word from the report in MM TV (English). Open the report
more than MVR 300 millionfinancing provided in first phaseMM TV (English)The latest round follows the completion of the first phase, which provided more than MVR 300 million in financing to over 3,000 young entrepreneurs nationwide.
Word for word from the report in MM TV (English). Open the report
over 3,000young entrepreneurs reached in first phaseMM TV (English)which provided more than MVR 300 million in financing to over 3,000 young entrepreneurs nationwide
Word for word from the report in MM TV (English). Open the report
MVR 1 billionsize of wider financing initiativeMM TV (English)Launched in July 2026 as part of a wider MVR 1 billion financing initiative,
Word for word from the report in MM TV (English). Open the report
MVR 150,000Maximum financing available per applicantThe Standardoffering young Maldivians access to up to MVR 150,000 to establish or develop their businesses without collateral or an upfront equity contribution.
Word for word from the report in The Standard. Open the report
more than MVR 300 millionFinancing disbursed in first phaseThe Standardwhich provided more than MVR 300 million in financing to over 3,000 young entrepreneurs across the Maldives.
Word for word from the report in The Standard. Open the report
over 3,000Young entrepreneurs supported in first phaseThe Standardwhich provided more than MVR 300 million in financing to over 3,000 young entrepreneurs across the Maldives.
Word for word from the report in The Standard. Open the report
between 18 and 30Eligible applicant age rangeThe StandardThe facility is available to individuals aged between 18 and 30 and is designed to make business financing more accessible to young people
Word for word from the report in The Standard. Open the report
7 percentAnnual profit rateThe Standardeligible applicants can obtain financing of up to MVR 150,000 at an annual profit rate of 7 percent, with a repayment period of five years, including a six-month grace period.
Word for word from the report in The Standard. Open the report
up to MVR 150,000Maximum financing offered per applicantThe EditionIndividuals aged between 18 and 30 are eligible for this financing scheme, which offers funding of up to MVR 150,000.
Word for word from the report in The Edition. Open the report
7 percentAnnual profit rate on financingThe EditionFinancing is available at an annual profit rate of 7 percent, with a repayment period of five years which includes a six-month grace period.
Word for word from the report in The Edition. Open the report
more than MVR 300 millionFinancing provided under the first phaseThe EditionUnder the first phase of the programme, more than MVR 300 million in financing was provided to over 3,000 young entrepreneurs across the country.
Word for word from the report in The Edition. Open the report
over 3,000Young entrepreneurs receiving first-phase financingThe Editionmore than MVR 300 million in financing was provided to over 3,000 young entrepreneurs across the country.
Word for word from the report in The Edition. Open the report
MVR 150,000Maximum financing available under the schemeRaajje (English)Under this scheme, financing of up to MVR 150,000 will be provided without requiring any personal equity contribution or collateral.
Word for word from the report in Raajje (English). Open the report
7% per annumProfit rate on the financingRaajje (English)Issued at a profit rate of 7% per annum, the financing includes a total repayment period of five years, which incorporates an initial six-month grace period.
Word for word from the report in Raajje (English). Open the report
18 and 30Age range eligible for the schemeRaajje (English)The Youth Entrepreneurship Financing facility is specifically designed for young individuals between the ages of 18 and 30.
Word for word from the report in Raajje (English). Open the report
over MVR 300 millionFunding provided in the first phaseRaajje (English)The first phase of the Youth Entrepreneurship Financing program has been successfully concluded, providing over MVR 300 million in funding to more than 3,000 young entrepreneurs across the Maldives.
Word for word from the report in Raajje (English). Open the report
more than 3,000Young entrepreneurs funded in the first phaseRaajje (English)The first phase of the Youth Entrepreneurship Financing program has been successfully concluded, providing over MVR 300 million in funding to more than 3,000 young entrepreneurs across the Maldives.
Word for word from the report in Raajje (English). Open the report
Other events named
no clear day, as worded
BML and SME Digital invited applications for the second phase of the Youth Entrepreneurship Financing facility.MM TV (English)Bank of Maldives (BML) and SME Digital have invited applications for the second phase of the Youth Entrepreneurship Financing facility, providing further access to funding for young Maldivians seeking to establish or expand their businesses.
Word for word from the report in MM TV (English). Open the report
The wider MVR 1 billion financing initiative was launched.in July 2026MM TV (English)Launched in July 2026 as part of a wider MVR 1 billion financing initiative, the programme seeks to improve access to capital and create greater opportunities for youth participation in entrepreneurship.
Word for word from the report in MM TV (English). Open the report
The first phase of the facility was completed, providing financing to young entrepreneurs nationwide.MM TV (English)The latest round follows the completion of the first phase, which provided more than MVR 300 million in financing to over 3,000 young entrepreneurs nationwide.
Word for word from the report in MM TV (English). Open the report
Applications opened for the second phase of the Youth Entrepreneurship Financing facility, a programme launched jointly by the Bank of Maldives and SME Digital.The EditionApplications have opened for the second phase of the Youth Entrepreneurship Financing facility, a programme launched jointly by the Bank of Maldives (BML) and SME Digital to support young entrepreneurs in starting and growing businesses.
Word for word from the report in The Edition. Open the report
Applications for the second phase of the Youth Entrepreneurship Financing scheme were opened by Bank of Maldives together with SME Development Finance Corporation.Raajje (English)Bank of Maldives, in collaboration with SME Development Finance Corporation (SDFC), has opened applications for the second phase of the Youth Entrepreneurship Financing scheme.
Word for word from the report in Raajje (English). Open the report
The first phase of the Youth Entrepreneurship Financing program concluded after providing funding to more than 3,000 young entrepreneurs.across the MaldivesRaajje (English)The first phase of the Youth Entrepreneurship Financing program has been successfully concluded, providing over MVR 300 million in funding to more than 3,000 young entrepreneurs across the Maldives.
Word for word from the report in Raajje (English). Open the report
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