A list of 37 individuals receiving loans under Get Set MV has been announced. The Get Set MV scheme was launched to encourage youth entrepreneurship in Maldives.
The list released by the Economic Ministry does not include the names of the recipients but rather their unique Get Set codes. However, it was stated in the announcement that it will be revealed later upon contacting the recipients.
This is the second round of the Get Set Loan scheme and it was reported that 530 individuals applied for it.
Get Set MV, launched by President Abdulla Yaamin on 17 November 2014 during the National Youth Awards Ceremony offers capital totalling up to MVR 200 million from which proposals may receive between MVR 300,000 to MVR 800,000. The age group for applicants is between 18-35 years.