Hi, I'm Viyu. Ask me about the stories collected here. I answer only from them, with numbered links to the outlets that published them, and I say so when they do not cover it.
President assures to probe concerns over Hiyaavahi financing scheme
During the 'Rayyithunge Adu' program on Thursday night, a participant told President Dr Mohamed Muizzu that the Hiyaavahi Finance scheme approved only MVR 650,000 of their MVR 900,000 housing loan application, with instalments blocked by building registration requirements. President Muizzu said the issues had not been raised with him before, acknowledged the implementation fell short of his vision, and pledged to ask the Ministry to investigate the reduced approval and explore increasing the amount.
Sources1carried itSE1 of 19 news outlets we monitor
Figures7as written, with their sentences
One outlet so far Only Sun English has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
What happened
in order; days are read from the reports' words and dates
Thu 5 NovPresident Muizzu assured he would look into concerns raised over the Hiyaavahi Finance scheme.Thursday nightonly Sun EnglishPresident Dr Mohamed Muizzu, on Thursday night, assured that he would look into concerns raised over the ‘Hiyaavahi Finance’ scheme.
Word for word from the report in Sun English. Open the report
Who said what
the reports' own quoted words, each once
The property is already mortgaged. If I reach the limit of the current loan before roofing the house and completing it, I will be unable to apply for additional financing because the property is mortgaged. This creates a major difficulty
President Dr Mohamed Muizzu · Ask the Ministry to investigate the reasons for the reduced loan approval and explore the possibility of increasing the amount allocated to the applicant
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
Figures in these reports
as written, with the sentence they come from
MVR 1 millionHiyaavahi Rahvehi financing ceiling for island residentsSun EnglishUnder the schemes, ‘Rahvehi’ provides financing of up to MVR 1 million for island residents
Word for word from the report in Sun English. Open the report
MVR 650,000Loan amount approved for the participantSun Englishtheir application was approved for only MVR 650,000
Word for word from the report in Sun English. Open the report
MVR 900,000Loan amount originally applied for by the participantSun EnglishThe individual said they had initially applied for MVR 900,000, believing they could complete the house by contributing personal funds alongside the loan.
Word for word from the report in Sun English. Open the report
MVR 114,000Amount released by the bank for the foundationSun Englishthe bank released MVR 114,000 for the foundation, covering the initial structural work
Word for word from the report in Sun English. Open the report
MVR 600,000Amount the President said was insufficient to complete a houseSun EnglishThe President noted that MVR 600,000 was insufficient to complete a house, despite the scheme’s MVR 1 million financing ceiling.
Word for word from the report in Sun English. Open the report
MVR 3 millionHiyaavahi Saharu financing ceiling for urban centre residentsSun English‘Saharu’ offers up to MVR 3 million for residents of urban centres.
Word for word from the report in Sun English. Open the report
MVR 6 million to MVR 10 millionHiyaavahi Fahi Male financing range for joint Malé-area applicationsSun EnglishThe ‘Fahi Male’ scheme provides financing ranging from MVR 6 million to MVR 10 million for joint applications by property co-owners in the Malé area.
Word for word from the report in Sun English. Open the report
