By Sofia Nasir
HULU LANGAT, March 4 — A food trader expressed his excitement at finding out his i-Bisnes loan application was approved by Yayasan Hijrah Selangor in less than two weeks.
Mohamad Syarif Mohamad Nasser, 36, said he learned of the loans offered by the foundation through a friend.
“I have been aware of the scheme for some time now. However, it was only this year that I decided at trying my luck to apply for a loan, as 2023 has been a bit difficult.
“Yet I had no inkling applying for it would be this easy. The loan will be used as capital to grow my business, particularly in the lead-up to the Ramadan fasting month,” he told SelangorKini, adding that he received a RM10,000 loan.
Mohamad Syarif was one of five i-Business applicants who were publicly feted during the Jelajah Selangor Kita Penyayang roadshow programme for the Hulu Langat district, at Taman Impian Ehsan in Hulu Langat, earlier today.
Meanwhile, barber shop owner R. Indra Devi, 54, said this is the second time she has taken a loan with Hijrah Selangor, after repaying her first loan of RM5,000 in 2017.
“In this instance, I took out a RM10,000 loan to purchase barbering equipment and carry out some renovations to my shop.
“I personally feel it is very easy to apply for a loan (with Hijrah Selangor), as the interest rate is fairly low. In addition, they also offer savings facilities for borrowers,” she said.
Through the i-Bisnes scheme, the foundation offers business capital of up to RM50,000, specifically aimed at small-and-medium-sized entrepreneurs obtain loans at reasonable rates and repayment schedules.