70,000 entrepreneurs borrowed RM475 million from Tekun Nasional – Minister Noh Omar


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Tan Sri Noh Omar handing over mock check worth RM5,000 to the representative of orphanage centre at the Tekun Nasional’s Hari Raya celebration event at Putrajaya today. Photo/MWN

PUTRAJAYA: The Tekun Nasional has to use their internal fund worth RM75 million on top of RM200 million that has been paid out to the borrowers in the Micro Enterprises Scheme.

Minister of Entrepreneur Development and Cooperative, Tan Sri Noh Omar said, the government was fast in helping out the micro entrepreneurs that had been affected badly during the COVID-19 pandemic since early 2020.

Until April 2022, 70,000 entrepreneurs have borrowed RM475 million,  13,000 have borrowed for the second time, he added.

“The Tekun Nasional’s loan borrowers are good pay masters and they have managed to pay on the scheduled payment period. They have also borrowed money from the professional scheme, graduate scheme and also i-contract scheme.

“Tekun Nasional has also offered the Indian Community Entrepreneur Development Scheme (SPUMI) worth RM25 million,” Omar told reporters at the Hari Raya celebration organised by Tekun Nasional here today.

According to the Minister, Tekun Nasional has been established in 1998 and since then RM7.5 billion has been paid out as loans to 523,000 entrepreneurs who have paid up their loans while more than 200 have borrowed loans for the second time.

“They have paid their loans after being able to continue progressing with their businesses,” Omar said.

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Noh Omar giving tokens to the orphans present at the Tekun Nasional’s Hari Raya celebration event in Putrajaya, Wednesday.

Meanwhile, at the event, the Minister has handed a mock cheque worth RM5, 000 to the representative of the orphanage centre, Pusat Warisan Suci, Taman Mekar, Sg. Merab Ulu, Kajang Selangor.

Also present were 30 orphans aged between 4-6 from the centre to celebrate the Hari Raya event with more than 10 veteran singers sang their popular songs to entertain more than 250 guests at the hotel in Putrajaya here today. –Malaysia World News.

Graduate with a Master of Mass Communication. 10 years working experience in the media and broadcasting.

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