What is the total value of Tekun financing disbursed in Beaufort since 1998?

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RM43.028 Million in Tekun Financing Disbursed in Beaufort Since 1998

A total of RM43.028 million in financing has been disbursed by the National Entrepreneurial Group Economic Fund (Tekun Nasional) in Beaufort since its office opened in 1998. This funding has supported 4,103 borrowers in the district.
Breakdown of Borrowers and Financing Types

Of the 4,103 Tekun Nasional borrowers in Beaufort since 1998, 2,908 individuals received initial financing, while the remaining secured refinancing. The borrower demographic shows a significant participation of women entrepreneurs, with 2,613 women accessing funds compared to 1,490 male entrepreneurs.
Recent Financing Approvals

In the period from January to April, Tekun Nasional approved RM1.226 million in financing for 59 entrepreneurs in Beaufort. This recent disbursement included 21 instances of first-time financing, with the rest being refinancing arrangements.
Expansion and Support for Entrepreneurs

The Ministry of Entrepreneur Development and Cooperatives is actively tracking Tekun entrepreneurs in the Membakut area and exploring options for establishing new Tekun branch office premises there. Entrepreneurs in Membakut have expressed support for these plans, anticipating that a local office would streamline their interactions and encourage greater utilisation of Tekun's services. Currently, Tekun Nasional operates 25 full branches across Sabah, supplemented by a mini-office in Pitas, and is staffed by a total of 117 personnel.

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What is the total value of Tekun financing disbursed in Beaufort since 1998?

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