Up to RM50,000 interest-free loan for hawkers, petty traders

[superadmin]

PETALING JAYA: Hawkers and petty traders can now apply for up to RM50,000 in interest-free loans.

This comes under a RM48.52 million micro-financing scheme announced by Prime Minister Ismail Sabri Yaakob today.

In his speech at the Hawkers and Petty Traders Day celebration today, Ismail said the shariah-compliant loans would be offered by Bank Rakyat, an agency under the entrepreneur development and cooperatives ministry, to improve and redevelop existing businesses.

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