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Bank Kerjasama Rakyat Malaysia Berhad (BKRMB)

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Capital for Cooperative Entrepreneur (MUSK)
Bank Kerjasama Rakyat Malaysia Berhad

Objective : Provide micro financing to cooperative's members involve in business venture on full time basis.
Maximum tenure : up to 3 years
Minimum financing : RM1,000
Maximum financing : RM50,000
Participating financial institutions / Implementing Ministry / Agency : Bank Kerjasama Rakyat Malaysia Berhad
Eligibility criteria :
  • Self-employed Cooperative’s member aged between 18-65 years old or micro enterprises
  • Operate full-time business with at least 2 years experience
  • Member of any Self-Help Group
  • Possesses valid business licence and reside within the business area
Purpose of financing :
  • Expansion in productive capacity
  • Working capital
Eligible sector / Types of financing :
  • Agriculture
  • Services
Application procedure : Application to be submitted to BKRMB
Contact : Bank Kerjasama Rakyat Malaysia Berhad (BKRMB)
Bangunan Bank Rakyat
Jalan Tangsi
Peti Surat 11024
50732 Kuala Lumpur
Tel : 03-2612 9600
Fax : 03-2612 9655
Website : www. bankrakyat.com.my

Rural Economy Financing Scheme
Bank Kerjasama Rakyat Malaysia Berhad

Objective : To assist Bumiputera entrepreneurs operating businesses in rural areas.
Maximum tenure : up to 7 years
Minimum financing : RM30,000
Maximum financing : RM500,000
Participating financial institutions / Implementing Ministry / Agency : BKRMB
Eligibility criteria :
  • Rural entrepreneurs or company wholly-owned by Bumiputera and registered with Companies Commission of Malaysia
  • Full-time business and located outside town areas
Purpose of financing :
  • Acquisition of machines and equipments
  • Working capital
Eligible sector / Types of financing :
  • Manufacturing
  • Services
  • Agriculture including fishery and livestock
  • Supporting activities associated with production.
  • Class F contractor
Application procedure : Application to be submitted to BKRMB.
Contact : Bank Kerjasama Rakyat Malaysia Berhad (BKRMB)
Bangunan Bank Rakyat
Jalan Tangsi
Peti Surat 11024
50732 Kuala Lumpur
Tel : 03-2612 9600
Fax : 03-2612 9655
Website : www. bankrakyat.com.my

Youth Business Scheme
Bank Kerjasama Rakyat Malaysia Berhad

Objective : To assist youth to venture into business on full time basis.
Maximum tenure : up to 7 years
Minimum financing : RM5,000
Maximum financing : RM50,000
Participating financial institutions / Implementing Ministry / Agency : Bank Kerjasama Rakyat Malaysia Berhad
Eligibility criteria :
  • Individual Malaysian citizen aged between 18-40 years old
  • Must register online as an applicant  through the Portal of  ‘Majlis Penggalakan Ekonomi Belia (MPEB)’ - www.mpeb.gov.my
  • Pass the screening test conducted by Ministry of Youth and Sport
  • No adverse record with financial institutions
Purpose of financing :
  • Expansion in productive capacity
  • Working capital
Eligible sector / Types of financing :
  • Manufacturing, Services, ICT business
  • Kiosk, food stalls, night market, petty traders
Application procedure : Application to be submitted to MPEB
Contact : Kementerian Belia dan Sukan Malaysia
Menara KBS, Presint 4
Pusat Pentadbiran Putrajaya
62570 Putrajaya
Tel :   03-8871 3333
Faks : 03-8888 8761
Laman web : www.mpeb.gov.my

Bank Kerjasama Rakyat Malaysia Berhad (BKRMB)
Bangunan Bank Rakyat
Jalan Tangsi
Peti Surat 11024
50732 Kuala Lumpur
Tel : 03-2612 9600
Fax : 03-2612 9655
Website : www. bankrakyat.com.my
 
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