BY ERMIZI MUHAMAD
SHAH ALAM, JUL 25: The State Government has channeled RM237 million of financial aid towards the Selangor Hijrah Scheme (HIJRAH) microcredit programme, since its introduction in this state.
Youth, Sports, Culture and Entrepreneur Development Exco, Amirudin Shari said, that amount involved 38,821 borrowers.
“Applications from 38,821 entrepreneurs were approved with a total loan of RM237,751,500.00.
“Meanwhile, repayment is 82.14 percent,” he said.
He said that in replying to Sungai Pelek Assemblyman, Lai Nyuk Lan’s verbal question during the fifth term of the 13th Selangor State Assembly.
HIJRAH is an integrated microcredit scheme, the brainchild of Dato’ Menteri Besar, Dato’ Seri Mohamed Azmin Ali, combining SKIMSEL, MIMBAR and WALA and it has been implemented since 2008.
The programme under the Inisiatif Peduli Rakyat (IPR) is an Action Research Project, focusing to enhance the economy of those in the middle-income group and close the income-gap among citizens.
Through this initiative, the State Government targets single-mothers, persons with disabilities (OKU) and university graduates.
Those who are eligible receive help through this microcredit scheme by getting additional capital to develop their business in order to generate additional income.
Selangor channeled RM237 million to help HIJRAH entrepreneurs
