The Borneo Post (Sabah)

RM79.4 mln disbursed to 255 entreprene­urs in first half of 2017

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MEL AKA: Per bad an an Us a ha wan Nasional Bhd (PUNB) approved loans totalling RM79.4 million to 255 entreprene­urs under five financing schemes in the first six months of the year, said Chairman Tan Sri Mohd Ali Rustam.

One hundred and twenty seven entreprene­urs received RM31.1 million from PUNB under the Prosper Retail Scheme, RM19.2 million was disbursed to 4 entreprene­urs under the SME Scheme while RM13.2 million was given to 56 entreprene­urs under the Prosper Teras Scheme.

He said 10 entreprene­urs received RM12.8 million under the Prosper Wholesale Scheme and RM3.1 million was approved to 48 entreprene­urs under the Prosper Young Entreprene­ur Scheme.

During the period, PUNB also created 184 companies through the Small and Medium Enterprise (SME) Scheme (4), Prosper Wholesale Scheme (6), Prosper Retail Scheme (83), Prosper Teras Scheme (45), and Prosper Young Entreprene­ur Scheme (46).

“PUNB allocated RM200 million in 2017 to assist entreprene­urs in various business sectors. We hope the balance of RM120.6 million can be disbursed to new applicants by year-end,” he told reporters after opening Azzrie Tyre Services cum PUNB Hari Raya open house for Mel aka entreprene­urs in Ayer Keroh near here yesterday.

Mohd Ali said since its inception in 1971, PNB had disbursed RM2.7 billion to more than 9,000 entreprene­urs, out of which RM71 million were allocated to 391 business enterprise­s in Melaka.

“I hope we can create more Bumiputera entreprene­urs, especially from mid-range and beyond. This will be in tandem with PUNB’s mission to create entreprene­urs who are both resilient and competitiv­e at home and abroad, he added.

Calling on young entreprene­urs to be involved in the automotive sector as it had tremendous potential, he added that Bumiputera­s only accounted for about 10 per cent of the 35,000 entreprene­urs in the sector.

As of June 2017, PUNB disbursed RM249.8 million to 1,191 entreprene­urs in the automotive sector, including creating 983 companies in the sector, he said.

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