Monday, September 10, 2012

Mara Allocates RM3 Million For Small Entrepreneurs In Kelantan

Source from (Bernama): http://www.bernama.com/bernama/v6/newsgeneral.php?id=693459

Published: September 10, 2012

GUA MUSANG, Sept 10 (Bernama) -- Majlis Amanah Rakyat (Mara) has allocated RM3 million to provide financial loans to aid small entrepreneurs in Kelantan.

Mohamad Saufi Deraman, a member of the Mara Council said the amount was part of a RM50 million non-interest fund from the federal government to assist targeted groups nationwide in expanding their business.

Speaking to reporters after Mara's engagement programme with Gua Musang's dynamic small entrepreneurs here today, Mohamad Saufi said he would appeal to the government to increase the allocation next year as RM50 million could only provide loans to 6,000 entrepreneurs.

He said Mara also managed funds totaling RM28 million to provide loans of up to RM100,000 for bigger entrepreneurs or industries, so as to expand their business globally.

-- BERNAMA

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