The National Entrepreneur Group Economic Fund (Tekun Nasional), an entrepreneur development institution with roles to provide simple and quick financing facilities to bumiputeras continue assisting entrepreneur and has allocated RM105 million for entrepreneur this year to kick-start and further expand their businesses.
Tekun Nasional aim to help entrepreneurs who needed business capital
Its chairman, Datuk Seri Mohamad Supardi Md Noor hoped that entrepreneurs who had taken loans from Tekun Nasional could make repayments in a timely manner. This is to ensure that the organisation could help more bumiputera entrepreneurs who needed business capital.
With their target to collect RM205 million in loan repayment, they hope they can help as many entrepreneurs as they could
In conjunction with new policy launched by the ex Ministry of Entrepreneurship and Cooperative, the National Entrepreneurship Policy 2030, Tekun Nasional has to work hard using all available resources to make it happens.
Tekun will increase the number of financing facilities initiatives during this 10-year period to attract more Malaysians to venture into entrepreneurship.
Highlighting Syariah-compliant pawnbroking services to assist entrepreneur dealing with capital issues
Ar Rahnu Tekun is one of their efforts to assist entrepreneurs dealing with capital issues. The premise provide Shariah-compliant mortgage financing by accepting gold products as collateral. To date, Ar Rahnu Tekun has carried out 32,000 transactions totaling RM81.3mil since its inception in 2015.
Entrepreneurs can apply up to RM100,000 loan under Tekun Nasional initiatives
Tekun Nasional provides financing facilities ranging from Tekun Niaga with loan from RM10,000-RM100,000, Teman Tekun with minimum RM1,000-RM50,000 loan, Kontrak-i and Teman Nita to assist women entrepreneur and many more.
Visit their website for more info regarding financing facilities available.