Entrepreneur Development Ministry defers RM128.6mil repayment for microcredit loans


PUTRAJAYA: The Entrepreneur Development and Cooperatives Ministry has decided to postpone repayments totalling RM128.6mil for microcredit and entrepreneurial loans involving micro, small and medium enterprises (SME) entrepreneurs in states affected by floods last month.

Minister Datuk Ewon Benedick (pic) said the postponement would involve 65,596 SME entrepreneurs or borrowers in Kelantan, Terengganu, Pahang and Sabah.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Johor fast gaining traction as medical tourism destination
Education system to be beefed up
Senior Immigration officer charged with RM140k bribery
Selangor has highest bankruptcy rate nationwide
Not easy feeding kids nowadays
Cows honoured on Mattu Ponggal
Online safety can’t be done ‘in one shot’
Decline in Chinese school enrolment
Khaled:�Keep Armed Forces postings secret
Young voters torn between Barisan and Warisan

Others Also Read