SME Digital launches USD-repayable guesthouse financing at 7.5%

SME Digital launches USD-repayable guesthouse financing at 7.5% profit rate

Mohamed Hilmy

07 October 2026, 07:12

SME Digital has introduced a new USD Repayable Guesthouse Financing facility, offering eligible guesthouse businesses financing at an annual profit rate of 7.5%.

The facility provides financing of up to MVR 10 million, with a repayment period of up to 15 years and a maximum grace period of 18 months. For guesthouses earning revenue in USD, the facility allows repayments to be made in the same currency.

Financing can be used to develop new guesthouses, expand existing properties, carry out maintenance and renovations, develop local tourism support services, meet working capital requirements and invest in technological innovation.

SME Digital CEO Badhurudheen Hassan said the facility is intended to support guesthouse businesses seeking to develop, expand or improve their operations while aligning repayments with their USD income.

Applications are now open through the SME Portal at smedigital.mv.

SME Digital launches USD-repayable guesthouse financing at 7.5% profit rate

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