Business loans for poor from 1Azam, RM21m already approved

KUALA LUMPUR, Aug 4 Loans totalling RM21 were released to 3,484 bad domicile heads under a 1Azam Programme in a initial half of 2011 to assistance them beget one more income.

The volume is part of a RM236 million allocated for Azam Niaga as well as Azam Khidmat initiatives targeting low income households pronounced Performance Management as well as Delivery Unit's (Pemandu) Raising Living Standards of Low-Income Households National Key Result Area (NKRA) director, Dr Chua Hong Teck.

He pronounced a loans were for business ventures, Bernama Online reported.

Participants can get loans in between RM3,000 as well as RM75,000 after a month of duplicate processing.

1Azam has attracted 20,650 households in a initial half of a year, pronounced Dr Chua

Dr Chua pronounced a 1Azam intrigue drew a appearance of 20,650 bad domicile heads in a initial half of a year.

The initiative is targeting 1,000 women entrepreneurs, with 430 already recruited.


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