Maldives Finance and Leasing Company Private Limited

Maldives Finance and Leasing Company Private Limited (MFLC) is a private financial institution based and operating in Maldives. Established in 2001, MFLC seeks to expand access to finance for micro, small and medium-sized enterprises through leasing, loans and other financing solutions. MFLC operates in the Greater Male Region and outer islands and works with government institutions, regulators and national agencies to support private sector and economic development.

MFLC's climate portfolio framework identifies renewable energy, sustainable transport, water security, waste and circular economy solutions, resilient infrastructure and energy efficiency as priority sectors. MFLC seeks to align future programming with Maldives' nationally determined contribution and national adaptation priorities. MFLC’s existing climate-related financing includes electric transport, efficient cooling, solar photovoltaic systems and sustainable water solutions.

MFLC’s national reach and experience in small-business finance are expected to support GCF’s efforts to deploy climate finance in a highly vulnerable small island developing State. Through green loans, leasing and blended finance, MFLC seeks to reduce investment risks and expand access to finance for underserved sectors and communities. As a domestic intermediary, MFLC aims to support country ownership and private sector participation in Maldives’ low-emission and climate-resilient transition.