B40 GROUP SEEN AS ‘TOO POOR’ FOR LOAN

The Sun (Malaysia) - - NEWS WITHOUT BORDERS -

SHAH ALAM: Se­lan­gor’s move to raise the poverty guide­lines to RM1,500 has made it hard for B40 groups (bot­tom 40% of in­come) to get bank loans. Datuk Mat Nadzari Ah­mad Dahlan (BN-Batang Kali) said the poverty guide­lines made out the B40 group to be poor and thus not el­i­gi­ble to ap­ply for bank loans. In re­ply, State Exco for Poverty, Car­ing Gov­ern­ment and Plan­ta­tion Work­ers V. Gan­abati­rau said the poverty guide­lines al­low those earn­ing RM1,500 monthly to ben­e­fit from the Se­lan­gor Peo­ple’s Econ­omy pro­gramme. – Ber­nama

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