PENAMPANG, June 22 (Bernama) -- A total of RM7.5 million has been channelled to 1,809 micro-entrepreneurs, mainly hawkers and small traders operating in markets and Tamu, across Sabah under the Tamu Entrepreneur Financing Scheme (SPUT) since its launch in 2023.
Entrepreneur and Cooperatives Development Minister Datuk Ewon Benedick said the scheme reflects the commitment of The National Entrepreneurial Group Economic Fund (TEKUN Nasional) to empower the people’s economy through micro-financing support, particularly for rural communities and small business owners in need of capital to grow.
He was speaking at the opening of the Tekun MADANI Mini Carnival at Tamu Desa Inobong here today.
Ewon said that since its establishment in 1998, TEKUN Nasional has disbursed RM10.31 billion in financing to 598,969 entrepreneurs as of April this year.
As of April 30, a total of RM1.18 billion has been channelled to 65,939 TEKUN entrepreneurs throughout Sabah.
“For the Penampang parliamentary constituency, TEKUN Nasional has disbursed RM36 million to 1,730 entrepreneurs during the same period,” he said.
He added that 1,663 financing approvals amounting to RM29.9 million have been recorded across the state in the same timeframe.
“The financing provided by TEKUN not only helps entrepreneurs grow their businesses but also indirectly creates job opportunities for surrounding communities,” he said.
-- BERNAMA
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial
