poobalan.com

MIC boss presented loan to 109 successful applicants of TEKUN fund. The amount was not mentioned. Anyway, according to the deputy minister, there’s still RM30 million left.

Samy Vellu also said that many Indian entrepreneurs had difficulty obtaining loans from commercial banks, although they were qualified, and that this matter has been brought to the attention of PM:

MIC president Datuk Seri S. Samy Vellu said the matter had been brought to the attention of Prime Minister Datuk Seri Najib Tun Razak during the meeting of the Cabinet Committee on Indian Affairs recently.

“We have also asked the Finance Ministry to review the conditions for granting loans to make it more flexible,” he told reporters after handing over loan cheques from the National Tekun Foundation to 109 Indian entrepreneurs here yesterday.

guna says:

sir
i am stpm hoolder currently working…im interested doing agriculture and did some studies about it…if i wan 2 apply for tekun loan is it possible…i havent register any company oo anything….im still 20 years old..is tat possible to get it.if yes how?

thanks

Posted on December 21st, 2009

poobalan says:

Hi guna,

You need to register a company first. Then prepare proposal, company profile etc. you should also attend entrepreneur courses offered by government departments so that you have some certificates. age isn’t a barrier, but i think your lack preparation will be a problem. for agriculture related business i suggest you visit http://www.agribdc.gov.my and if possible visit their center in putrajaya to meet the officers.

Posted on December 21st, 2009

samuel sapp says:

This information is very useful ,thank you for sharing!

Posted on January 11th, 2010

Thomas Zacharia George says:

Sir, I am currently a licensed travel agent and wish to open a branch in Langkawi and am short of funds. Will MIC be able to help me get the Tekun loan any time soon.

Posted on January 20th, 2010

poobalan says:

Hi Mr Thomas,

By right, MIC should be able to help with the application since there’s a lot of balance left from the 36 million allocated for Indians. There’s 20 million allocated for this year as well, but I think the money would be available after mid February. You should approach MIC or YSS.

Posted on January 20th, 2010

Remona matilda Dass says:

Dear sir,
I did not do so well in my SPM, but I am interested in taking Business Adminstration Diploma to enhance in my life later how may I possible do it? Is there anywhere I can apply for this course and get a ptptn loan to assist me as well.

Thank you. my email rmd_flo@hotmail.com

Posted on February 7th, 2010

poobalan says:

Hi Remona,

You need to clarify how “not do so well” is. Generally, if you have 3 credits in any subjects (preferably english and math included), you can enrol for a diploma program. so, you can easily enrol for diploma now, instead of later in life, if you have 3 credits. if you don’t have 3 credits, but have at least 1 credit, then you enrol for a certificate in business studies. after finishing certificate, you can continue in diploma. so, again, no reason to wait.

as for where, i suggest you find one near your location (home town) area to reduce cost. however, if the options are not many near your home, then you may have to head towards Klang Valley where many colleges offer diploma in business admin. Remember, you must check if the diploma/cert is MQA recognised. MQA is the govt agency in charge of ensuring quality of the courses. Only MQA recognised courses are given PTPTN loan. Note that PTPTN has its own rules, among which you MUST HAVE 3 credits in SPM (any subjects).

Posted on February 8th, 2010

pooranaselvan k says:

dear sir,
m frm muar, and m a mecanic. i got my workshop at home at this moment .and got in intrest to shift my business to shop lot and also developing the business.. i got register my business at ssm. need ur guidance how to apply tekun loan. what i have to do. i need fund to buy equipments and rent the shop. who must i meet? and did i got chance to get the loan sir? as i know m the one n only person who did this business at my area here. pls guide me sir… thanks.

yours sincerely,
pooranaselvan (OLD SKOOL AUTO SERVICES)

Posted on April 3rd, 2010

poobalan says:

HI Pooranaselvan,

you have to visit MIC office and get the forms from them. Best if you visit the Malacca HQ or go to KL HQ.

Posted on April 5th, 2010

shalini krishanan nair says:

Dear Mr poobalan iam shalini would like to clarifight now iam doing certificate in segi college for chef course is that possible 4 me to continue my diploma in this college?

now my certificate course is support by ptpk later after 1 year after my certificate course is that ptptl will give loan for my diploma course.

Posted on April 14th, 2010

poobalan says:

hi shalini,

if you do cert in the college, and if they have a diploma program, then should be able to continue there itself.

what is ptpk and ptpl?

Posted on April 15th, 2010

NTN Enterprise says:

i already started my transportation business. got 3 lorries now.its already 4 years. now my business down. so im looking for business loan. so what i must do?

Posted on November 23rd, 2010

poobalan says:

hi NTN,
you can try for the TEKUN loan. other than that, there’s loans from SMECorp and also Kementerian Belia dan Sukan.

Posted on November 24th, 2010

tiffiny says:

dear sir,
im single mother wt 1 son… (marriage without registration)
we separate almost 3years already… n didnt get any help frm my x husband also…..
and im working in chines salon… almost 11 years im working in this line…
pass 2 years until now im try to run my own salon n i try to loan so many way
but all not successful…
i dont have way to send my son to school nex years also….
can i get help from MIC to me n my son…?

Posted on December 1st, 2010

poobalan says:

Hi tiffiny,

you can try apply for the TEKuN loan. Deadline has been extended till 31st dec. But note that you may be asked to attend a entrepreneur course and also that the loan amount may not be enough to start a saloon. what you can do is maybe work from home or do freelancing into bridal make-up etc.

Also, you can get registered with Jabatan Kebajikan (www.jkm.gov.my) and jabatan pembangunan wanita (www.jpw.gov.my) as they have some programs for single mothers which you can benefit from. Other places you can refer to: MCA, NAWEM (www.nawem.org.my) , http://www.ehomemakers.net , http://www.tech-outreach.net/ and few others.

Posted on December 1st, 2010

Chandrashegaran.s/o doraisamy. says:

halo sir, poobalan. I am chandran leaving at Hulu selangor is seeking an advice and help regarding how and method to obtain a loan, to start my business in which i am interested and keen to create design and invention in an electronical as technical engineering works, where my business registration was sole proprietor and aspected to be self employed soon.I dont have business based in commercialized but its runned at home based as a lab in electronic works.(i m someone whom u know me before and familiar to u sir). Please kindly reply to as soon as possible.

thank you,

your truly:Chandran.

Posted on March 18th, 2011

poobalan says:

Hi Sir,

if your business is not commercialised yet, its a bit hard to get the loan. you need to prepare a good proposal and commercialisation plan. you can try tekun loan. if its a working prototype, you can apply for a patent. can try approach a lawyer to file your patent.

we know each other? where did we meet? i have to apologise because can’t recall.

Posted on March 18th, 2011

rajaguru says:

saya memilik tanah seekar dikuala selangor saya ingin menternak ayam daging secara skim kontrak.saya ingin menternak secara besar iaitu sebanyak 20000 ekor satu pusingan.
maka saya perluk modal sebanyak rm 160 000. saya harap tuan dapat membantu cara cara untuk mendapat loan. tel 019xxxxxxxx

Posted on June 17th, 2011

poobalan says:

tuan,

saya tidak dapat bantu mendapatkan pinjaman. dari segi tekun, maksimum 50k sahaja. untuk pinjaman lebih besar, sila rujuk dengan pejabat perkhidmatan haiwan berhampiran ataupun approach agrobank.

Posted on June 17th, 2011

wanie says:

En. Poobalan.
1- Saya ingin menjadi stokis untuk mengedar barangan kosmetik tapi saya tidak mempunyai modal untuk meneruskan hasrat saya. Buat masa ni sy hanya menjual di rumah sahaja. adakah pihak tekun akan membantu saya untuk mendapatkan pinjaman. sy juga sudah berdaftar dengan ssm.

2- Adakah dengan memiliki sebuah kedai salah satu syarat untuk tekun memberi pinjaman. Dan berapakah modal maksima drp tekun untuk perniagaan stokis.

Posted on October 22nd, 2011

poobalan says:

Cik Wanie,

boleh hubungi terus pihak Tekun untuk maklumat lanjut.

Posted on October 23rd, 2011