Friday, March 12, 2010

Modal Usahawan Tani (MUST/MUST-i)

This scheme is a continuity of Micro Credit Scheme (SKM) which was introduced by Agrobank to customers involved in economic activities primarily within the agricultural and agro-based sectors.

Objective

* To assist micro entrepreneurs to further develop their existing projects and projects which are more than 1 year old.

Eligibility

* All financing related to agricultural and non-food agricultural activities in the production, processing, services and marketing.
* Malaysians
* 21 – 60 years of age
* Non collateral
* To develop at least a 1 year old project at the same location

Loan Segmentation

* MUST/MUST – i Fix - Private sector employees listed on Bursa Saham
* MUST/MUST – i Setia - Ex borrower or Agrobank depositor
* MUST/MUST – i Contract - Registered Contractor
* MUST/MUST – i Akrab - Loyal Agrobank borrowers
* MUST/MUST – i Alliance - Institutional employee with MOU with Agrobank

Loan/financing Limit

* Up to RM50,000
* 100%

Loan Financing Period

* From 12 to 60 months according to loan segmentation

Tuesday, April 1, 2008

Agro Bank

Welcome to Agro Bank