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

 

Tranformation Scheme

 

upto 50k for hawker or small trader wanted to transform or upgrade their business to another level like from Retail to e-Commerce setup app or website, from hawker to retail shop or from hawker store to be cafe with air condition.


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

Terms and conditions of the Transformation Scheme

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For Applicants

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

  2. Aged between 21 and 55 years old;

  3. Malaysian citizen (Not Bankrupt);

  4. Loan limit from RM 30,000 to RM 50,000;

  5. Interest rate of 4% per year;

  6. Instalment period from 3 to 5 years (36 to 60 months);

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

 

For Guarantor

 

  1. Malaysian citizen (Not Bankrupt);

  2. Aged between 21 and 55 years old;

  3. Minimum income of RM4,000 per month