Don’t be afraid to get loans to expand business, entrepreneurs, cooperatives told

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Ewon said that he had met with entrepreneurs and cooperatives who were afraid to get loans because of the monthly loan repayment commitment despite their potential theSun theSundaily business entrepreneurs loans government application Malaysia

: Competitive entrepreneurs and cooperatives in the country should not be afraid to secure loans in an effort to expand their businesses, says Entrepreneur Development and Cooperatives Minister Datuk Ewon Benedick .

Ewon said that he had met with entrepreneurs and cooperatives who were afraid to get loans because of the monthly loan repayment commitment even though their businesses have great potential to be developed. “But be a smart entrepreneur who applies for financing to really implement and advance the business and never give up,“ he said when opening a tour programme to empower cooperative entrepreneurs at the Bajau Sama cultural centre here today.

“After Budget 2023 is re-tabled on Feb 24 , we will know the allocations for relevant agencies including financing, but don’t wait until the end of the year to apply,” he said.

 

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