Ministry allocates RM30mil as flood relief scheme

SHAH ALAM: Minister of Entrepreneur Development and Cooperatives (Medac) Tan Sri Noh Omar (right) presenting a chec food shop owner (second from left) Hayati Abd Aziz under in Section 3 yesterday.

SHAH ALAM: The Entrepreneur Development and Cooperatives (Medac) Ministry, through Tekun Nasional, has allocated RM30mil as a post-flood relief initiative for informal and micro-entrepreneurs.

“To help ease the burden of informal and micro entrepreneurs during this time, especially those affected by the flood disaster, Tekun Nasional offers business recovery financing under the Informal and Micro Financing Scheme (SPIM) with a financing value of up to RM10,000 without profit charge.