He said under the micro financing programme, the hawkers and petty traders can apply for Syariah-compliant microcredit financing with a zero percent profit rate from Bank Rakyat.
The Prime Minister said the loan can be used by the hawkers and petty traders to revive their businesses, such as working capital, purchase of equipment or hardware or payments of salary, rent and utility bills. He said the programme would focus on various elements of the new norm with emphasis on safety and health components, such as the appointment of Night Market Marshals to boost public confidence.
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PM: RM73.5mil for micro financing programme, night market transformationPUTRAJAYA: Prime Minister Datuk Seri Ismail Sabri Yaakob has announced new initiatives for hawkers and petty traders involving an allocation of RM48.5mil for micro financing programme, and another RM25mil for the implementation of Night Market Transformation.
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