1MCA loan increase proposed


IPOH: In tandem with the rising cost of living, MCA Youth is looking to propose an increase of the maximum amount for each loan in the 1MCA Micro Credit Loan Scheme.

The scheme was introduced in 2012, aimed at helping young entrepreneurs below 40 to help expand their business, including hawker stall and kiosk owners.

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Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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Politics , MCA Youth , micro-credit

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