Kojadi grows from helping students to SMEs

Addresing the audience: Liow speaking at Kojadi’s 36th annual general meeting.

KUALA LUMPUR: While Kojadi, the investment arm of MCA, is known for education loan programmes, it has embraced diversification and established itself as a major financial institution for small and medium enterprises (SMEs), says the MCA president.

Datuk Seri Liow Tiong Lai said among the loan schemes for enterprises offered by Kojadi, or Koperasi Jayadiri Malaysia Bhd, were Micro-Credit Loan Scheme for Youth, Tukar (Retail Shop Transformation), Atom (Automotive Workshop Modernisation), and the government-provided, interest-free loans worth RM150mil to help Chinese SMEs.