Business Banking

CO-OP & Entrepreneur Programme / RAKYATpreneur
Bank Rakyat recognizes the struggles faced by micro-entrepreneurs in sustaining their businesses now more than ever. RAKYATpreneur is a philanthropic initiative by Bank Rakyat to identify high potential entrepreneurs and provide them with hand-holding, seed funding, capacity building and coordinated assistance to grow their business and progress across the business value chain. RAKYATpreneur is aligned with the Sustainable Development goals (SDGs) 1, 8 and 9,

Concept

  • 200 potential RAKYATpreneurs
  • Selected RAKYATpreneurs will receive seed funding based on the business and proposal submitted
  • The selected RAKYATpreneurs will undergo mentoring and monitoring sessions through out the program.

Eligibility

  • Asnaf
  • Potential-entrepreneurs with existing business of more than 6 months.
  • Business activities must be Shariah compliant

Example of business category

  • Food and beverages
  • Agriculture
  • Grocery store
  • Tailor
  • Handicrafts
  • Barber shop
  • Printing
  • Car workshop
  • Others

Participation mechanism

  • The application form will be made available at all Bank Rakyat branches
  • Submit the completed form at any Bank Rakyat branch together with the following documents:
    1. Identification Card
    2. Utility bills for three months
    3. Picture of business premise or product
    4. Asnaf verification letter

*Please attach the asnaf verification letter from Pusat Zakat/Majlis Agama Negeri/Pegawai Hal Ehwal Agama Islam/Imam S29 and above