Rural Economic Development Scheme (SPED)
Loan |
SME Bank Berhad
Rural Economic Development Scheme (SPED) objectives are:
- To enhance the rural Bumiputera business establishment in order to improve competitiveness, durability and commitment of rural Bumiputera entrepreneurs.
- To provide funding for rural Bumiputra entrepreneurs to kick start and elevate rural economies;
- To provide financing scheme with no collateral/guarantor with low repayment rates.
- To assist towards the creation of ‘Masyarakat Perdagangan dan Perindustrian Bumiputera’ (MPPB) amongst the rural communities.
