KAJANG, Nov 1 (Bernama) -- The Entrepreneur Development and Cooperatives Ministry (KUSKOP) disbursed RM10.7 billion in financing to nearly 300,000 entrepreneurs, including hawkers and petty traders, from January to September this year.
KUSKOP Disburses RM10.7 Billion In Financing To Nearly 300,000 Entrepreneurs - Sim
Steven Sim, KUSKOP, financing, entrepreneurs, trad
Key takeaways
KUSKOP disbursed RM10.7 billion in financing to nearly 300,000 entrepreneurs, including hawkers and traders, from January to September.
- KUSKOP's RM15 billion financing commitment has seen RM10.7 billion disbursed to entrepreneurs.
- Nearly 200,000 recipients were hawkers, petty traders, and shopkeepers.
- Financing applications under RM20,000 must be approved within 24 hours to prevent reliance on loan sharks.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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