TEKUN Nasional has initiated a special initiative “Inisiatif Prihatin Banjir” programme for TEKUN entrepreneurs who are affected by the floods
Entrepreneur Development and Cooperatives Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said the facilities is aimed at eassing flood victim’s financial burden to pay their financing commitments. The Inisiatif Prihatin Banjir programme provides a moratorium of up to six months.
Inisiatif Prihatin Banjir allows TEKUN entrepreneurs to withdraw savings in their financing accounts or reschedule their financing repayment
Entrepreneurs affected by the floods are allowed to withdraw savings in their financing accounts and they also have the option to reschedule their financing repayment.
“For entrepreneurs whose business premises and stock are damaged in the flood, they can apply for overlapping financing to restart their business,” Datuk Seri Dr Wan Junaidi Tuanku Jaafar said.
He further said that during this difficult period, the entrepreneurs should be assisted to ensure that they can continue their business and for their survival.
According to the Ministry of Entrepreneur Development and Cooperatives (MEDAC), entrepreneurs can submit their applications at all TEKUN branch offices by enclosing two photographs of their business premises, goods or stock, or house that were damaged in the floods, as well as verification from the TEKUN officer at the nearest branch office.
Applications can be submitted within three months from the date of the disaster. However, further information regarding the initiative will be announced on all TEKUN social media.