Bank Perusahaan Kecil & Sederhana Malaysia Berhad (SME Bank):

Rural Economy Financing Scheme For Indian Community (Spedi)

Objective
To provide financing to rural Indian entrepreneurs involved in pottery business.

Maximum financing rate : 5.0% per annum

Maximum tenure : 5 years

Maximum financing : RM40,000

Participating financial institutions / Implementing Ministry / Agency
SME Bank

Eligibility criteria

• Entrepreneurs comprise of Malaysian Indian only


• Sole proprietorship, partnership or company is 100% owned by Malaysian Indian


• Individual entrepreneur age must be below 55 years old


• Priority is given to businesses operated on full time basis
  
• Business premise is located in the rural area and outside the place of residence

Purpose of financing

• Purchase of machinery & equipment
• Working capital

Eligible sector / Types of financing
Pottery industry

Application procedure
Application to be submitted to SME Bank

Contact
Bank Perusahaan Kecil & Sederhana Malaysia Berhad (SME Bank)
Menara SME Bank Malaysia
Jalan Sultan Ismail
Peti Surat 12352
50774 Kuala Lumpur
Tel : 03-2615 2020
Fax : 03-2698 8077
Website : www.smebank.com.my

 
Last modified: 08 January 2008 15:55.