Kelantan AKPK helps 219 MSMEs manage their finances through Small Loan Settlement Scheme

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KOTA BHARU: The Kelantan Credit Counselling and Debt Management Agency (AKPK) has helped a total of 219 micro, small and medium enterprises (MSMEs) th...

: The Kelantan Credit Counselling and Debt Management Agency has helped a total of 219 micro, small and medium enterprises through the Small Loan Settlement Scheme from 2020 until February this year.said of that amount, more than RM142 million in debt arrears was successfully restructured to help MSMEs, which consist of sole proprietorship traders, micro and medium entrepreneurs, regain control of their business finances.

“They have been helped collectively through loan restructuring or business financing and the loan repayment plan is agreed upon by the borrower and the financial institution or lending agency involved,“ she told Bernama here today.

 

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