The SME Development Finance Corporation (SDFC) has introduced a specialised financing scheme aimed at supporting content creators and film producers in the Maldives.
The new facility will provide financing of up to MVR 500,000, with the goal of empowering creative professionals and strengthening the country’s creative economy. According to SDFC, financing of up to MVR 150,000 will be available without collateral, while amounts up to MVR 500,000 can be accessed with collateral.
The scheme carries an annual profit rate of 9.5 percent, with repayment periods of up to five years and a grace period of up to six months. Eligible uses include the purchase of equipment, covering production costs, and other business expenses tied to scaling creative ventures.
Badhurudheen Hassan, Managing Director of SDFC, described the facility as an investment in talent and innovation. “The creative economy is one of the fastest-growing sectors globally, with Maldivian youth transforming creativity into sustainable economic growth. Through this facility, we aim to ensure content creators, filmmakers, and digital entrepreneurs have the resources to showcase Maldivian creativity on the global stage,” he said.
Applications are now open and can be submitted through the SME Portal on SDFC’s official website.
