Bank of Maldives (BML) on Monday, inaugurated the revamped library at Alif Alif Atoll's Education Centre located in Rasdhoo, funded by its Corporate Social Responsibility initiative 'Aharenge Bank Community Fund'.
According to BML, the winning idea was pitched by Ismail Shimau, which facilitated the donation of furniture and over 1,000 books to the education centre.
Shimau noted that the school's 235 students were previously using worn out and damaged books in the library.
"The field of education is a particular area of focus and a priority when it comes to selecting projects to aid through the community fund. Under the initiative, we have provided the Alif Alif Atoll Education Centre with books catering to [students of] lower kindergarten to grade 10", said BML's Public Relations Manager Mohamed Saeed.
During each quarter of the fiscal year, BML selects and allocates MVR 50,000 to five projects in the areas of education, environment, sports and community development under the Aharenge Bank Community Fund. In 2019, BML contributed MVR 1 million to support projects in 20 islands across Maldives.
For 2020, BML is selecting 20 projects across three proposal phases.