KUALA LUMPUR, Oct 9 (Bernama) -- Microfinancing will increase to RM6.6 billion in 2027 to help small business entrepreneurs increase their income, said Prime Minister Datuk Seri Anwar Ibrahim.
Business : Microfinancing Increased To RM6.6 Bln To Boost Income Of Small Business Entrepreneurs
Micro-financing, entrepreneurs, AIM, TEKUN, Budge
Key takeaways
Malaysia plans to increase microfinancing to RM6.6 billion by 2027 to support small business entrepreneurs.
- Prime Minister Anwar Ibrahim announced RM200 million for the Sejahtera MADANI grant to aid 40,000 recipients.
- RM3 billion from the AIM Fund will assist 360,000 entrepreneurs in 2027.
- TEKUN's financing will rise to RM1.3 billion to support Bumiputera entrepreneurs.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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- Bernama Business : Microfinancing Increased To RM6.6 Bln To Boost Income Of Small Business Entrepreneurs (this story)