Apply for SME financing with a stronger case.

USD Repayable Guesthouse Financing

Financing for the local tourism sector — new guesthouse developments, expansion of existing guesthouses, working capital and related funding needs, repaid in US dollars.

Financing amount

MVR 100,000 – 10,000,000

Profit rate

Fixed 7.5% p.a.

Repayment period

Up to 15 years

Grace period

Up to 18 months

Key conditions

• Equity / advance payment of at least 20% of the total project
• Project land and property must be mortgaged; if not possible, other collateral of equal or greater value is required
• Not available for resorts, safaris or homestays
• Not available for new guesthouses with fewer than 6 rooms
• Not available for vessel purchase or construction, or stand-alone restaurants

As of 18 October 2026. Confirm current terms with SME Digital.

Guesthouse Financing

Financing for the local tourism sector — new guesthouse developments, expansion of existing guesthouses, development of support services and related funding needs.

Financing amount

MVR 100,000 – 10,000,000

Profit rate

Fixed 9.5% p.a.

Repayment period

Up to 15 years

Grace period

Up to 18 months

Key conditions

• Equity / advance payment of at least 20% of the total project
• Project land and property must be mortgaged; if not possible, other collateral of equal or greater value is required
• Not available for resorts, safaris or homestays
• Not available for new guesthouses with fewer than 6 rooms
• Not available for vessel purchase or construction, or stand-alone restaurants

As of 18 October 2026. Confirm current terms with SME Digital.

Guestroom Financing

Financing for homestay establishments and small-scale rental facilities in the local tourism sector.

Financing amount

MVR 100,000 – 1,500,000

Profit rate

Fixed 9.5% p.a.

Repayment period

Up to 10 years

Grace period

Up to 12 months

Key conditions

• Equity / advance payment of at least 20% of the total project
• Project land and property must be mortgaged — privately owned or leased land and property only
• Not available for resorts, safaris, hotels or new guesthouses with 6 or more rooms
• Not available for new guesthouses in the Greater Malé region
• Not available for vessels, support services or working capital

As of 18 October 2026. Confirm current terms with SME Digital.

Thijarah Rashu Fathuru

Supports the growth of local tourism by empowering Maldivian MSMEs, using Diminishing Musharakah, Murabahah to the Purchase Orderer, or a combination — whichever suits the business best.

Financing amount

MVR 200,000 – 5,000,000

Profit rate

Fixed 9.5% p.a.

Repayment period

Up to 10 years

Grace period

Up to 18 months

Key conditions

• Equity / advance payment based on project structure (maximum 20% of the total project)
• Security required based on project risk and for all facilities above MVR 700,000
• Financed guesthouses must meet the Government's guesthouse regulations
• Not available for new guesthouse projects with fewer than 6 rooms

As of 18 October 2026. Confirm current terms with SME Digital.

Business Expansion Facility

Supports the expansion of existing businesses — capital investments and fixed-asset purchases to open new outlets, increase production capacity or enter new markets that generate additional revenue.

Financing amount

MVR 100,000 – 5,000,000

Profit rate

9% – 10.5% p.a.

Repayment period

Up to 10 years

Grace period

Up to 12 months

As of 18 October 2026. Confirm current terms with SME Digital.

Asset Financing

For start-ups and existing businesses buying fixed assets such as machinery, equipment and heavy vehicles used solely for business purposes.

Financing amount

MVR 100,000 – 5,000,000

Profit rate

9% – 10.5% p.a.

Repayment period

Up to 10 years

Grace period

Up to 12 months

Key conditions

• Equity / advance payment of at least 20% of the total project
• Security required based on project risk and for all facilities above MVR 1,000,000
• Not available for vessel construction or purchase

As of 18 October 2026. Confirm current terms with SME Digital.

Working Capital Financing

Helps existing businesses sustain operations, manage liquidity and maintain short-term financial stability.

Financing amount

MVR 75,000 – 2,000,000

Profit rate

9% p.a. secured · 10.5% p.a. unsecured

Repayment period

Up to 5 years

Grace period

Up to 6 months

Key conditions

• For registered businesses operating for more than 6 months
• Security required based on risk and for all facilities above MVR 1,000,000
• Costs beyond the approved limit are covered by the customer
• Not available for Government-related projects

As of 18 October 2026. Confirm current terms with SME Digital.

Vessel Financing Facility

For start-up and existing businesses purchasing or building vessels, and for mechanisation, renovation, refurbishment and vessel-related assets.

Financing amount

MVR 100,000 – 5,000,000

Profit rate

Fixed 10.5% p.a.

Repayment period

Up to 10 years

Grace period

Up to 18 months

Key conditions

• Equity / advance payment of at least 25% of the total project
• The financed vessel is mortgaged (additional mortgage if not possible)
• Additional mortgage required for second-hand vessel purchases
• RSW systems are not covered under this product

As of 18 October 2026. Confirm current terms with SME Digital.

RSW Financing

Financing to purchase and install refrigerated seawater (RSW) systems and solar PV systems.

Financing amount

Based on approved system cost

Profit rate

6% p.a.

Repayment period

Up to 10 years

Grace period

Up to 6 months

Key conditions

• No collateral requirement
• Systems must be bought from vendors empanelled by SME Digital
• Main Shariah contract: Murabahah (cost + profit) sale

As of 18 October 2026. Confirm current terms with SME Digital.

Maha Manfaa

Developed with the Ministry of Fisheries and Ocean Resources to grow fish processing and value-added fish products among fisheries-sector SMEs.

Financing amount

MVR 50,000 – 400,000

Profit rate

Fixed 6% p.a.

Repayment period

Up to 7 years

Grace period

Up to 6 months

Key conditions

• No equity required

As of 18 October 2026. Confirm current terms with SME Digital.

Mariculture Scheme

A sales scheme by the Ministry of Fisheries and Ocean Resources, administered by SME Digital, giving MSMEs access to mariculture cage systems.

Financing amount

MVR 80,000 – 640,000

Profit rate

Sales arrangement

Repayment period

Up to 6 years

Grace period

Up to 6 months

Key conditions

• From MVR 80,000 per cage; up to 8 cages per customer
• No customer contribution or collateral required
• Applicants need a verifiable source of income

As of 18 October 2026. Confirm current terms with SME Digital.

Dhanduveri Nafaa

With the Ministry of Fisheries, Agriculture and Ocean Resources, for farming technology (urban, protected and vertical farming), poultry and livestock, agroforestry and nurseries, value addition, and veterinary and pet services.

Financing amount

Up to MVR 2,000,000

Profit rate

6% p.a.

Repayment period

Up to 7 years

Grace period

Up to 12 months

Key conditions

• Up to MVR 100,000 without security or equity
• Equity investment of 10–15% for larger amounts
• Security required based on risk and for amounts above MVR 1,000,000

As of 18 October 2026. Confirm current terms with SME Digital.

Dhanduveri Manfaa

A matching-grant product with the Ministry of Fisheries, Agriculture and Ocean Resources, funded by IFAD, for greenhouses and climate-smart technologies in traditional farming.

Financing amount

Up to MVR 2,000,000

Profit rate

6% p.a.

Repayment period

Up to 7 years

Grace period

Up to 12 months

As of 18 October 2026. Confirm current terms with SME Digital.

Women Entrepreneurs Financing

Encourages women's entrepreneurship with easy access to financing for start-up and existing women-led businesses in all sectors.

Financing amount

MVR 25,000 – 250,000

Profit rate

Fixed 9.5% p.a.

Repayment period

Up to 7 years

Grace period

Up to 12 months

Key conditions

• No collateral and no equity required
• Start-ups: assessed on the applicant's or co-applicant's disposable income (salaried or rental)
• Existing businesses: limit based on verified business income in bank statements; a co-applicant can increase it

As of 18 October 2026. Confirm current terms with SME Digital.

Islamic Micro Financing

Developed with the Maldives Monetary Authority and Bank of Maldives Islamic under the Maldives Islamic Social Finance Initiative (MISFI) to support unbanked and vulnerable communities.

Financing amount

Up to MVR 100,000

Profit rate

Fixed 2.5% p.a.

Repayment period

Up to 10 years

Grace period

Up to 12 months

Key conditions

• No collateral required
• Applicants must have no active financing (or 12 months since any facility closed)
• Applicant monthly income must not exceed MVR 4,000
• Costs beyond the financing limit are borne by the applicant

As of 18 October 2026. Confirm current terms with SME Digital.

Content Creator Financing

Accessible financing for content creators and film producers to support the creative arts industry.

Financing amount

MVR 25,000 – 500,000

Profit rate

9.5% p.a.

Repayment period

Up to 5 years

Grace period

Up to 6 months

Key conditions

• No equity required
• Security required based on risk or for amounts above MVR 150,000
• Shariah contract: Murabahah to the Purchase Orderer
• Processing fee MVR 1,000 plus application fee MVR 300

As of 18 October 2026. Confirm current terms with SME Digital.