KUSKOP disburses RM6.45 billion to 612,692 entrepreneurs by Sept 2024

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KUSKOP disburses RM6.45 billion to 612,692 entrepreneurs by Sept 2024
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KUALA LUMPUR: The Ministry of Entrepreneur and Cooperatives Development (KUSKOP) has successfully assisted 612,692 entrepreneurs with financing worth ...

The Ministry of Entrepreneur and Cooperatives Development has successfully assisted 612,692 entrepreneurs with financing worth RM6.45 billion from January to September 2024.

“These efforts aim to establish a conducive ecosystem to accelerate growth and stability in the entrepreneurial sector, enhance the scale and competitiveness of entrepreneurs and cooperatives, and create a more facilitative and effective service delivery system,” he added. Ewon highlighted the introduction of new programmes this year, such as the Village Guest Premises Development Programme, aimed at improving infrastructure for small traders in rural areas, particularly in Sabah and Sarawak.

Ewon further reported that the Malaysian Cooperative Commission’s MADANI Sale of Cooperatives and Entrepreneurs recorded RM8.54 million in sales, benefiting 254,568 users through 95 programmes held nationwide during the same period.

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