Low-interest housing loan for atolls now open for application

The government has opened the application process to the newly introduced construction loans exclusive to islands on Tuesday.

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Gaafu Alifu Villingili Housing flats: up to 700,000 Rufiyaa can be borrowed under this loan -- Photo: Nishan Ali/ Mihaaru

Lamya Abdulla

2021-06-16 12:25:23

The government has opened the application process to the newly introduced construction loans exclusive to islands on Tuesday.

The "Gedhoruveriyaa" loan scheme, meaning "Homeowners" was introduced by President Ibrahim Mohamed Solih on Monday evening.

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