FJS concludes developing the 5-year business plan and corporate policies for the establishment of SDFC

FJS concludes developing the 5-year business plan and corporate policies for the establishment of SME Development Finance Corporation (SDFC), the SME Bank of Maldives fully owned by the Government of Maldives. The project was spearheaded by the Ministry of Economic Development with the aim of easing access to finance for SMEs and entrepreneurial start-ups with a vision to achieve inclusive and rapid economic development. The engagement included setting up the vision, mission and strategic goals of the Organization as well as developing key policies and procedures such as loan evaluation and credit manual, lending and recovery plan, risk management policy anti-money laundering policy and HR management manual and procurement policy.