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Hiyaavehi Scheme Surpasses MVR 1 Billion in Loan Approvals
The Ministry of Construction, Housing and Infrastructure announced that financing approvals under the government's Hiyaavehi Housing Scheme have exceeded MVR 1 billion, with State Minister Ahmed Nazim Mohamed saying loans have been approved for 820 applicants. The scheme offers a 5 percent profit rate with repayment over up to 25 years through three tiers of financing.
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Figures in these reports
as written, with the sentence they come from
MVR 1 billionTotal financing approvals under the Hiyaavehi Housing SchemeThe Standardfinancing approvals under the government’s Hiyaavehi Housing Scheme have exceeded MVR 1 billion
Word for word from the report in The Standard. Open the report
5 percentProfit rate offered by the financing programmeThe Standardoffering a 5 percent profit rate and a repayment period of up to 25 years
Word for word from the report in The Standard. Open the report
25 yearsMaximum repayment periodThe Standardoffering a 5 percent profit rate and a repayment period of up to 25 years
Word for word from the report in The Standard. Open the report
Other events named
no clear day, as worded
The Ministry of Construction, Housing and Infrastructure announced that Hiyaavehi Scheme financing approvals had exceeded MVR 1 billion.2026-04-10MaldivesThe StandardThe Ministry of Construction, Housing and Infrastructure has announced that financing approvals under the government’s Hiyaavehi Housing Scheme have exceeded MVR 1 billion
Word for word from the report in The Standard. Open the report
The Hiyaavehi scheme opened for applications.early last yearThe Standardthe scheme opened for applications early last year, with loan disbursements to successful applicants beginning in December
Word for word from the report in The Standard. Open the report
Loan disbursements to successful Hiyaavehi applicants began.DecemberThe Standardwith loan disbursements to successful applicants beginning in December
Word for word from the report in The Standard. Open the report