Foreign or international body
Lives and Livelihoods Fund
In the news, last 90 days
Economy
RSW financing opens with increased MVR 4 million limit
The Refrigerated Seawater (RSW) Financing Scheme run by SME Digital has raised its collateral-free financing limit to MVR 4 million and expanded the facility to cover the installation and replacement of fishing vessel engines, in addition to RSW systems, generator sets and solar panels. Financing carries a six per cent annual profit rate with repayment of up to 10 years including a six-month grace period, funded by the Islamic Development Bank and the Lives and Livelihoods Fund.
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