Home Business MARA gives out RM4 Billion loans to 190, 358 Bumiputera Entrepreneurs from...

MARA gives out RM4 Billion loans to 190, 358 Bumiputera Entrepreneurs from 1951 to 2011

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maraKUALA TERENGGANU, June 4 -Majlis Amanah Rakyat (Mara) has given out RM4 billion in loans to Bumiputra entrepreneurs between 1951 and 2011 involving 190,358 recipients nationwide.

Mara director-general Datuk Ibrahim Ahmad said RM169 million was allocated for 1,976 Bumiputra entrepreneurs in the eastern region of Kelantan, Terengganu and Pahang last year

Furthermore, he said for entrepreneur development activities in the region last year, 2,346 entrepreneurs had been given training and guidance involving an allocation of RM4.1 million.

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“I am confident there are those among the famous millionaires and corporate figures today who have received aid from Mara during their early involvements in the world of commerce.

“So this success must be used as a basis for us to carry out a more impactful effort in the future,” he said in his speech text which was read by the Eastern Zone Mega Entrepreneurs Carnival Committee chairman and Kelantan Mara director Mohd Ishak Zakaria in conjunction with the programme, here.

Ibrahim said Mara was aware entrepreneurs played a major role and directly contributed to the development of the national economy.

He said, the involvement of more Bumiputra in the field actually played a significant role towards ensuring the political and social stability of the nation.

He said with continuous efforts to create wealth among Bumiputra entrepreneurs, they would no longer be marginalised from the mainstream of the national economy.

He said, it was hoped that such programmes would bring Mara closer to the entrepreneurs community so they could know clearly the needs and aspirations of the entrepreneurs in the era of globalisation and steer them towards being innovative and competitive.

– BERNAMA