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Capital for Cooperative Entrepreneur (MUSK)

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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

 
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