Yayasan Penjaja dan Peniaga Kecil was established in February 2015. The purpose of Yayasan is to help small hawkers in need create business opportunities through micro-loans to improve their living standards.

 

Micro Credit Loan


upto 20k for hawkers or small trader which wanted startup a new business or expand exiting business or purchase new machines and furniture etc.


Loan Amount RM
Company Registered How Long
Average Monthly sales RM
Propose of loan
Have any Loan with the bank

Critirial 

 

For Applicants

 

  1. Applicants must be registered as hawkers or petty traders with the Companies Commission of Malaysia (SSM) and local authorities (PBT) in Peninsular Malaysia and only registered with PBTs in Sabah and Sarawak 

  2. Aged between 18 to 60 years; Malaysian Citizen (Non -Bankrupt)

  3. Recommended by the Hawkers and Petty Traders Association or a registered Business Association

  4. Loan limit from RM 5,000 to RM 20,000

  5. Interest rate of 4% per annum

  6. Installment period from 2 to 5 years (24 to 60 months)

  7. The method of repayment of installments is through the designated bank branches.

 

For Guarantors

 

  1. Malaysian Citizen (Non -Bankrupt)

  2. Aged between 18 to 60 years

  3. Minimum income of RM1,500 per month