PETALING JAYA: Micro entrepreneurs affected by the Covid-19 pandemic can begin applying for the Strategic Programme to Empower the People and Economy (Pemerkasa) Micro Credit Scheme managed by Bank Simpanan Nasional (BSN), which is available from April 1.
BSN, the coordinating bank managing RM300mil under the scheme, said it is offering financial assistance of up to RM50,000 with a profit rate of 3% for the financing period of between one to five-and-a-half years. Monthly instalment payments will only start after the sixth month.