News
The SME Development Finance Corporation (SDFC) has introduced a dedicated financing facility to support content creators and film producers, offering up to MVR 500,000 in funding to strengthen the ...
Mohamed Hilmy
29 September 2025, 00:00
The SME Development Finance Corporation (SDFC) has introduced a dedicated financing facility to support content creators and film producers, offering up to MVR 500,000 in funding to strengthen the Maldives’ growing creative economy.
The new scheme
is aimed at digital content creators, influencers, videographers, and
filmmakers, providing easier access to financial resources needed to expand
their businesses and enhance production quality. Financing of up to MVR 150,000
will be available without collateral, while loans of up to MVR 500,000 can be
accessed with collateral.
The facility
carries an annual profit rate of 9.5% and offers flexible repayment terms of up
to five years, including a grace period of six months. Funds can be used for
purchasing equipment, covering production costs, or meeting other operational
expenses essential for scaling creative enterprises.
Highlighting the
importance of the initiative, SDFC Managing Director Badhurudheen Hassan said
the program is more than a financial product, describing it as “an investment
in creative talent, innovation, and the future of our economy.” He noted that
Maldivian youth are increasingly transforming creativity into sustainable
economic growth, and the scheme will help showcase Maldivian talent on the
global stage.
Applications for
the facility are now open and can be submitted through the SME Portal on the
SDFC website at www.sdfc.mv.
No comments yet. Be the first to comment!
News
New Stock of MVR 20 Banknotes Brought In to Address Cash Shortage
15 Feb 2026
News
Etihad Named Airline of the Year as MACL Launches Velana Awards to Elevate Maldives Aviation
13 Feb 2026
Opinion
BML Islamic Names 10 Winners in Hajj Promotion
12 Feb 2026
News
Rasmale’ Reclamation Nears Finish Line as 84% of Site A Completed
12 Feb 2026