Youth / MARA Educational Institution Graduate Entrepreneur Programme (PUTRA)
Objectives
- To provide financing facilities for micro businesses for all sectors such as retail, manufacturing and services except agriculture and livestock farming
- To produce dynamic entrepreneurs among the younger generation who are eager to start a business
Terms and Conditions
General Terms
- Malaysian citizen and Bumiputera
- Aged between 18-40 years
- Have a valid business registration (SSM)
- Operate in a business premise (except for online business)
- Have a license / permit / letter of authorization from the local authority (PBT)
- Operate a full-time business
- Engaged in a syariah compliance business
- Not a MARA blacklisted individual
- Have never obtained any MARA financial facility
Specific Terms
- Young entrepreneurs who have been progressively running the business for not less than three (3) months
- IPMA students who are undergoing industrial training or incubator programme at IPMA
- IPMA graduates
Scope of Financing
- Revolving capital
- Purchase of machinery and equipment
Financing Limit
RM10,000.00
Financing Period
1-3 years @ 12-36 months
Guarantee / Collateral
NONE (only one referee who is a close family member needed)
Profit Rate
0%
Majlis Amanah Rakyat (MARA)
21, Jalan MARA
50609 Kuala Lumpur
MARA Hotline : 03-26132000
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