Eight Tekun financing schemes available for micro-entrepreneurs

LocalBusiness & Finance
3 Jul 2025 • 5:36 PM MYT
Daily Express
Daily Express

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By: Sabah Publishing House Sdn Bhd

KOTA KINABALU: Sabah Tekun Nasional is offering eight financing schemes for micro-entrepreneurs and contractors, with the Contract-i Financing Scheme receiving the highest allocation this year.

Entrepreneur Development and Cooperatives Minister Datuk Ewon Benedick (pic) said RM71.28 million has been allocated for the Kontrak-i scheme alone in 2025.

He said Tekun Nasional, under his ministry, provides microfinancing for micro, small and medium enterprises (MSMEs) nationwide.

window.googletag = window.googletag || {cmd: []};googletag.cmd.push(function() {googletag.defineSlot('/22826383987/dailyexpress_inline', [1, 1], 'gpt-passback').addService(googletag.pubads());googletag.enableServices();googletag.display('gpt-passback');});From January to May this year, RM43.71 million was disbursed to 2,213 entrepreneurs in Sabah through various schemes, including the newly introduced SPUT, TVET and Craft Entrepreneur schemes.

Ewon encouraged more micro and small entrepreneurs to contact Tekun offices nationwide to learn about available financing opportunities.