Micro Enterprises Facility (MEF)

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Government Scheme

Micro Enterprises Facility (MEF)

Purpose

  • Increase access to financing for microentrepreneurs, particularly to the unserved and underserved segment.

Target Group / Focus

  • Micro

Fund Size

  • RM 700 million

Financing Limit

  • Up to RM 100,000

Tenure

  • Up to 7 years

Pricing

  • General applicant: 4.50% p.a. flat rate (equivalent to effective of 8.17% p.a.)
  • iTEKAD participant: .00% p.a. flat rate (equivalent to effective of 7.30% p.a.)

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