By Diana Abd Wahab
SHAH ALAM, March 25 — Approximately 4,253 entrepreneurs from the Indian community in Selangor have benefited from Yayasan Hijrah Selangor’s various loan financing schemes, as of this month.
Its acting chief executive officer Normaiza Yahya said over RM52 million in funds have been distributed to these individuals via Hijrah seven schemes, including i-Bisnes, Zero to Hero, Niaga Darul Ehsan (NaDI), Go Digital, i-Lestari, i-Agro, and i- Seasonal.
“This initiative aids them in exploring opportunities to generate income and becoming skilled micro-entrepreneurs, which also improves socio-economics and ensures the development of the Indian community is in line with Selangor’s rapid progress.
“At present, 5,645 financings have been provided to Indian entrepreneurs, of which 45 per cent are men and 55 per cent women,” she told SelangorKini.
Since its establishment in 2015, Hijrah has helped a total of 55,834 entrepreneurs with a RM710 million allocation as of November last year, including business capital and growing enterprises.
The 2023 Selangor Budget presented by Menteri Besar Dato’ Seri Amirudin Shari on November 25 last year allocated RM130 million for Hijrah to improve its schemes and help develop entrepreneurs.