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KUCHING, Oct 3: The period for applying for the Sarawak Micro Credit Scheme (SKMS) which aims to assist small and medium enterprises (SMEs) affected by Covid-19 to expand business, has been extended until the end of this year.
According to a news report from Sarawak Public Communications Unit (Ukas) today, Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan said the extension has been approved by Chief Minister Datuk Patinggi Abang Johari Tun Openg.
“This is open to all especially for those in the B40 group, as well as those SMEs. The maximum loan amount is RM50,000 and it is an easy loan.
“We have appointed Agro Bank and Sarawak Economic Development Corporation (SEDC) to implement it,” he said during a ceremony held in Lawas on Saturday (Sept 2).
Awang Tengah, who is also the Minister of International Trade and Industry, Industrial Terminal and Entrepreneur Development also pointed out that upon approval of their application, applicants do not have to pay loan interest for three-and-a-half years.
As such, he hoped that entrepreneurs and traders would seize the opportunity provided by the government to help the people. — DayakDaily