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SME Development Finance Corporation Pvt Ltd

SDFC
Banking and Finance
Reg No: C00592019

About

SDFC was established as a specialized financial institution providing financial products and ancillary services to MSMEs and entrepreneurial start-ups with the primary purpose of easing access to finance for MSMEs.

Mission

Support emergence and growth of MSMEs by providing solutions that cater to the financing needs of MSMEs and are widely accessible to MSMEs across the country.

Vision

The leading financial institution assisting and supporting the development of MSMEs in the Maldives for achieving inclusive, broad-based and robust economic growth.

Share Details

Type Entity Name Percent
Government The Government of the Maldives 85.00%
Other Male' City Council 5.00%
Other Addu City Council 5.00%
Other Fuvahmulah City Council 5.00%

Board Members

Non-Executive
Mohamed Shareef

Chairman

GoM

Executive
Badhurudheen Hassan

Managing Director

GoM

Non-Executive
Ahusal Mohamed

Director

GoM

Non-Executive
Fathimath Yamna

Director

GoM

Non-Executive
Fathimath Azma

Director

GoM

Non-Executive
Fathimath Farihath Waheed

Director

GoM

Non-Executive
Hassan Kalaam

Director

GoM