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PTPTN borrowers question fund’s delay in notification
JOHOR BARU: National Higher Education Fund Corporation (PTPTN) borrowers are struggling to pay their loans after graduating.
Tekun collects RM200mil in repayment from borrowers
THE National Entrepreneur Group Economic Fund (Tekun) has managed to collect loan repayment amounting to RM200mil from 419,483 borrowers, who took business loans with the agency, during the first five months of this year.
Highest number of AIM borrowers in Sabah
SEMPORNA: Sabah has the highest number of ‘Sahabat’ or borrowers in the microcredit programme, Amanah Ikhtiar Malaysia (AIM) in the country with 64,000 persons.
Yayasan Sarawak enjoys high loan repayment rate
KUCHING: Attractive incentives and good sense of responsibilities among borrowers have enabled Yayasan Sarawak to enjoy a loan repayment rate of about 80% annually.
Bigger loans to grow small businesses
THE state government has raised the cap for second-time and third-time borrowers of its Projek Titian Saksama Rakyat micro-credit loans from RM10,000 to RM15,000.
Beware, your relative may be out to dupe you
JOHOR BARU: Knowing that their loved ones are willing to take the fall for them, some desperate-for-money individuals are teaming up with illegal moneylenders or Ah Long to dupe their family members.
‘Use legal channels to borrow money'
BORROWERS who are being harassed by loan sharks should report the matter to the police and not leave it to their family members do so.
Police urged to step up enforcement against Ah Long
JOHOR BARU: The authorities are being urged to make a concerted effort to wipe out activities by Ah Long or illegal loan sharks as they are causing problems not only with borrowers but also society at large.
Amend bankruptcy law quick
The Bankruptcy Law 1967 is long overdue for a proper overhaul to turn it into a fair and humane piece of legislation that takes everybody’s interest — particularly, guarantors — into account, and not just those of creditors and financial institutions.
Don’t resort to illegal moneylenders
JOHOR BARU: Petty traders, young entrepreneurs and individuals should avoid borrowing money from illegal moneylenders to fund their businesses or for personal expenses.