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Sarawak Micro Credit Schemes 1 (SKMS 1)

Objective

To assist small businesses to expand their business

Scope

Working capital and purchase of equipment

Target Group

Sarawak entrepreneurs with a valid trading license in all types of business such as retailing, F&B, tailoring, bridal, IT, saloon, online business, etc. Business does not include agriculture (upstream).

Eligibility
  1. Entrepreneurs with a valid trade license
  2. At least 6 months in business
  3. Sarawakian B40 entrepreneur
Loan Limit

Amounting from RM1,000.00 to RM10,000.00

Interest Rate

Zero Interest (2% management fee – one-off payment)

Period of Loan

Maximum 36 months (3 years)

 

 

CLICK HERE TO APPLY!