MCA's Kojadi has given over RM380mil in loans to help SMEs and students

KUALA LUMPUR: While MCA's investment arm Kojadi is known for its education loan programmes, it has embraced diversification and established itself as a major financial institution for small and medium enterprises (SMEs), said Datuk Seri Liow Tiong Lai.

The MCA president said among the loan schemes offered by Kojadi, or Koperasi Jayadiri Malaysia Berhad, were Micro-Credit Loan Scheme for Youth, Tukar (Retail Shop Transformation), Atom (Automotive Workshop Modernisation) and government-provided, interest-free loans worth RM150mi to help Chinese SMEs.

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