Tuesday, January 13, 2009

A step in the right direction

The MIRC Micro Financing Expo (reported here) which is an initiative under Bank Negara’s Pembiayaan Mikro Scheme is a small step in the right direction in the wake of forthcoming economic challenges.

The Bank Negara Scheme allows micro enterprises to obtain financing from RM500 to RM50,000 for working capital or capital expenditure.

I have previously blogged about microfinance here.

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