Mah Siew Keong: Application procedure to improve further for 1Malaysia loan to be disbursed in 30 days

Sin Chew Daily, 11 December 2015

Sin Chew Daily, 11 December 2015
(Perak, Teluk Intan 10 December) Minister in the Prime Minister’s Department Datuk Mah Siew Keong says the 1Malaysia Chinese Hawkers Micro Credit Scheme has negotiated with Malaysian Hawkers Association to draft a new set of application procedure in order to speed up loan approval.

Speaking at the Teluk Intan Leaning Tower Square where he launched the opening ceremony for southern Malaysia’s group under the Malaysia Hawkers Association for a dialogue session, he says once the new application procedure is kick-started, Chinese hawkers who fulfil the requirement will receive the loan after one month of application.

Loan sum of RM7million to be disbursed in a month

Prior to this, applicants from East Malaysia receive the loan more than one month later due to delay by mail.
He anticipates the fund would have released RM7million of loan sum by December.

He reveals more than 400 Chinese hawkers have received the loan. The loan sum is either RM5,000, RM10,000 or RM15,000. More than 600 Chinese hawkers have applied for the loan. Their applications would be approved in stages.

He says the scheme receives RM30million for loan disbursement. Chinese hawkers can use the loan to develop their business.

Mah is also the MP of Teluk Intan. He says once the West Coast Expressway is complete, the public would find it easy to travel to Teluk Intan. The government would be spending RM50,000 to build brick wall in Teluk Intan to protect the town from erosion and flood.

More than 100 participants in the delegation of southern Malaysia group of National Hawkers Association
The National Hawkers Association has organised a delegation of southern Malaysia group tour for seven days and six nights. About 100 participants nationwide are in the delegation.

The “tour” aims at learning through exchanging views and travel, starts from Teluk Intan. It will proceed to Kampar, Bentong, Mentakab, Kuantan, Segamat, southern Johor, Muar and Seremban.

Yao Wen Chun, who speaks on behalf of the association’s advisor Datuk Lee Teong Chwee, says the participants would be visiting renowned handicraft centers in the area and also famous food operators for them to know more about local culture and also learn about secret of success.

“We would also arrange for seminars for those successful hawkers to share their path to success from hawkers to big corporations.”

The group is received by Teluk Intan hawkers association president Xu Sheng Jun, secretary Shen Yi Hui and other committee members. Mah and Datuk Zhang Shi Guo, advisor to the National Hawker Association, jointly conducted flagging off ceremony.

Original Source:
馬袖強：擬新申請程序改進‧一馬販商貸款30天到手