Maldives sme. Micro small medium enterprises creates a large percentage of employment in the maldives and play an essential role in securing income and employment for many through creation of new jobs and opportunities as well as a key contributor for the overall economic growth of the country. Sme development finance corporation pvt ltd sdfc was issued the financing business license by maldives monetary authority on 28th february 2019. We are located in hulhumale how ever we provide delivery service to hulhumale and male.
The new administration recognizes the potential of the small and medium enterprise sme sector in creating a more resilient and diversified economy as well as creating more employment opportunities particularly in the outer atolls. Evolving a strategy for sme growth in maldives small and medium enterprise businesses sme are increasingly considered the engine for economic growth and fortune creation. With the right kind of support smes can spark a new surge of progress especially for upcoming economies.
The potential of the sme sector in creating a more resilient and diversified economy as well as creating more employment opportunities particularly in the outer atolls is ever increasing. Male city fuvahmulah city and addu city. 12003 in the republic of maldives on 3rd december 2018.
Sdfc is owned by the government of maldives with shares of 3 city councils ie. Inter island transportation comes at a high cost leaving linkages with markets quite poor. The ministry envisages establishing the requisite institutional and organizational mechanisms to restructure and consolidate all sme development activities in order to achieve economies of scale and efficiency of operations.
Ministry Of Economic Development Opens Applications For Sme Loan Scheme Corporate Maldives
corporatemaldives.com