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Social financial initiative extended to B40 group

Abd Rani says Rakyatpreneur 2.0 participants will be monitored for a year, with comprehensive modules to produce entrepreneurs from the underprivileged group. BANK Rakyat will be extending its Rakyatpreneur programme to assist the underprivileged (asnaf) and micro entrepreneurs in expanding their businesses. Rakyatpreneur, a social financial initiative by Bank Rakyat, is aimed at helping these targeted groups to increase their income by at least 30%. Bank Rakyat chairman Datuk Abd Rani Lebai Jaafar said Rakyatpreneur 1.0, which was kick-started in December last year, involved 20 micro entrepreneurs nationwide who earned between RM1,000 and RM3,000 monthly. These participants were, among other things, each given RM5,000 and entrepreneurial training via webinars by the National Entrepreneurship Institute.

Medac to help 25,000 SMEs go digital in two years | Daily Express Online

Published on: Monday, December 14, 2020 By: Bernama Text Size: PUTRAJAYA: The Ministry of Entrepreneur Development and Cooperatives (Medac) is optimistic of assisting some 25,000 small businesses nationwide to go digital within one to two years as a vital move to ensure their survival in the post Covid-19 era. Its Minister, Datuk Seri Dr Wan Junaidi Tuanku Jaafar (pic), in a statement Sunday, said this was largely due the multiplier effect that the ministry expects to see from various programmes conducted by its agencies, with the most recent being a collaboration between SMECorp and Warong Riders delivery service via SME Corp’s Micro Connector Programme.

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