KUALA LUMPUR: The Madani government will provide more than RM5 billion in microfinancing facilities in 2026, expected to benefit over 400,000 micro-entrepreneurs nationwide through loans of up to RM100,000.
The Finance Ministry (MoF) said in a statement today that various financing schemes will be channelled through agencies and development financial institutions such as Amanah Ikhtiar Malaysia (AIM), Bank Simpanan Nasional (BSN), Tekun Nasional, Majlis Amanah Rakyat (Mara), Agrobank and Bank Rakyat.
For certain schemes, financing rates offered are as low as three per cent per annum.