Published on: 13/04/2016
Updated on: 04/08/2018
Young Agropreneur Programme 2017
- TEKUN provides a loan programme to assist youths involved in Farming and Agro-Based Industries.
- Basic Eligibility Requirements
This loan programme is in accordance with the existing TEKUN loan terms.
- Additional Eligibility Requirements are as follows:
- Malaysian Citizens aged 18-40 years old only;
- Has carried out project for at least 6 months (with earnings)
- Financing for project expansion only
- Application must be supported by the supervising Department/ Agency under the Ministry of Agriculture and Agro-Based Industry (MOA).
- Loan Information is as follows:
- Loan amount of up to RM 50,000 only.
- Repayment Period up to 5 years @ 60 months.
- Management Fund contributions are charged at 2% per annum.
- Compulsory deposit of 5% per annum.
5. Joint project implementation monitoring by TEKUN & Supervising Department/ Agency under MOA.
Graduate Entrepreneur Development Programme ( PPUS )
- TEKUN provides a loan programme to help graduates who have completed studies/ have worked and are interested in starting a business but lack capital.
- Basic Eligibility Requirements
This loan programme is in accordance with the existing TEKUN loan terms.
- Additional Eligibility Requirements
- Possess a Diploma/ Degree/ Advanced Degree. Validity period of 10 years.
- Aged 18 – 40 years old only
- Loan Information are as follows:
- Loan amount of up to RM 50,000 only.
- Repayment Period of up to 5 years @ 60 months.
- Management Fund contributions of 4% per annum.
- Compulsory deposit of 5% per annum.
- Smart partnership business is allowed.
- A maximum of 3 partners among graduates can apply the TEKUN Nasional loan for the business purpose of the company.
- The maximum amount of financing that can be applied for one company is RM 150,000.00 (a maximum of RM 50,000.00 per business partner).
Fishermen/ Marketer Financing Programme
- TEKUN provides a loan programme to assist fishermen in need of capital to carry out planned fisheries activities and to help reduce and combat middlemen through the acquisition of fishing debts.
- TEKUN has provided loans to these fishermen in 4 activities namely:
- To settle debts from the middlemen
(Loans will be chaneled directly to the middlemen). - Purchasing of input & equipment (boats, engines & trawls).
- Cage fish farming (aquaculture).
- Loans to the wives of fishermen’s for activities that can generate & increase income.
- To settle debts from the middlemen
- Basic Eligibility Requirements
- This loan programme is in accordance with the existing TEKUN loan terms.
- Additional Eligibility Requirements
- Conduct own fishing activities.
- Own a fishing licence (Priority to members of the Fishermen’s Association).
- Owns a boat/ perahu.
- Loan information are as follows:
- Loan amount of up to RM 50,000 only.
- Repayment Period of up to 5 years @ 60 months.
- Management Fund Contribution of 4% per annum.
- Compulsory deposit of 5% per annum.
Ex-Army Personnel Entrepreneur Financing Scheme (SPBT)
- TEKUN provides a loan programme to assist former military personnel as well as their wives or children who venture into business and entrepreneurship.
- Basic Eligibility Requirements
This loan programme is in accordance with the existing TEKUN loan terms.
- Additional Eligibility Requirements
- ATM Service Book
- Consists of pensioned and non-pensioned ex-army personnel.
- Spouses and children of ex-army personnel will be considered.
- Loan information are as follows:
- Loan amount of up to RM 100,000 for pensioned and non-pensioned ex-army personnel.
- Repayment period of up to 10 years @ 120 months.
- Loan amount of up to RM 50,000 for spouses and children of ex-army personnel.
- Repayment Period of up to 5 years @ 60 months.
- Management Fund Contribution of 4% per annum.
- Compulsory deposit of 5% per annum.
Bumiputera Young Professional Entrepreneur Development Programme
- TEKUN provides loan programmes to encourage professionals to venture into business that practice or conduct businesses different from their field of skills to start a business or as additional capital to enhance exisiting business.
- Basic Eligibility Requirements
This loan programme is in accordance with the existing TEKUN loan terms.
- Additional Eligibility Requirements
- Aged 18 – 50 years old only.
- Registered with a Professional Body recognized in Malaysia.
- Education level at least degree or equivalent.
- Paid Capital does not exceed RM300,000.
- Loan information is as follows:
- Loan Amount of up to RM100,000.
- Repayment Period up to 10 years @ 120 months.
- Management Fund contributions of 4% per annum.
- Compulsory deposit of 5% per annum.
- Smart partnership business is allowed.
- Business partners can be considered (maximum 3 persons per company).
- Maximum amount of financing that can be applied for a company is RM300,000 (maximum RM100,000 per partner).