Malaysia

RM198.67 mil approved under microcredit financing scheme: Kiandee

Govt has financed 15,612 SMEs, agricultural entrepreneurs, says minister

Updated 5 years ago · Published on 26 Jun 2021 10:21PM

RM198.67 mil approved under microcredit financing scheme: Kiandee
griculture and Food Industries Minister Datuk Seri Ronald Kiandee says 15,612 small and medium enterprises and agricultural entrepreneurs have received financing from the overall RM350 million allocated to the microcredit scheme. – Bernama pic, June 26, 2021

BELURAN – A total RM198.67 million in financing has been approved under the Agrobank Microcredit Financing Scheme through the allocation of the National Economic Recovery Plan (Penjana) as of June 16 to help agricultural entrepreneurs impacted by the Covid-19 pandemic.

Agriculture and Food Industries Minister Datuk Seri Ronald Kiandee said 15,612 small and medium enterprises and agricultural entrepreneurs had received financing from the overall RM350 million allocated to the microcredit scheme.

“The government always places special emphasis on food security to ensure the guarantee and sustainability of the country’s food supply.

“The government is on the right track to move out of the Covid-19 pandemic to normal daily life as outlined in the National Recovery Plan, but its success needs the cooperation and support of everyone,” he said.

He told reporters this after handing over food baskets to 200 household heads in Kg Maidan, Sugut near here, today.

Ronald, who is the Beluran MP, said this was part of the 16,000 food baskets which are being distributed by the Beluran parliamentary office in the constituency during the implementation of the movement control order 3.0. – Bernama, June 26, 2021

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