MADANI WANITA-i
MADANI WANITA-I FOR WOMEN ENTREPRENEURS
BSN Micro-i Madani Wanita is a micro financing facility for women entrepreneurs who intend to expand their businesses.
51% women-owned
For micro enterprises at least 51% owned and operated by women Malaysian citizens.
3.50% to 4.00%
Fixed annual rate for clearer repayment planning.
1 to 7 years
Financing tenure available for business expansion, operations, assets, and renovation needs.
RM2,000 to RM100,000
Minimum and maximum financing amount available for eligible women-owned micro enterprises, subject to approval.
FUNDING FOR PRACTICAL BUSINESS NEEDS
Use MADANI WANITA-i for the same core business needs listed by BSN: working capital, capital expenditure, and renovation.
1.
Working capital
Support inventory, cash flow, operating expenses, and day-to-day business requirements.
2.
Capital expenditure
Finance business assets, equipment, tools, technology, or other capital expenditure needed for expansion.
3.
Renovation
Improve or renovate business premises so the operation can serve customers and staff more effectively.
PREPARE BEFORE YOU APPLY
Check the core eligibility points and prepare the documents needed for financing review
Women-owned micro enterprises
Open to Sole Proprietorship, Partnership, Limited Liability Partnership, and Private Limited companies that are at least 51% owned and operated by women Malaysian citizens.
Malaysian owned business
The business must be Malaysian owned and registered with the Companies Commission of Malaysia (CCM), Local Authority (LA), Professional Body, or relevant agency.
Self-employed professionals
Self-employed applicants, including professionals such as accountants, doctors, and lawyers, may be eligible when properly registered.
3 months operation
Business must have been in operation for at least 3 months, based on the business category and type.
Documents to prepare
Prepare NRIC copies for proprietor, partners, or directors; valid business registration, business license, or professional certificate; latest 3 or 6 months bank statements; electricity and water bills for the business premises; and any supporting documents required by the bank.
EMPOWER WOMEN ENTREPRENEURS WITH BSN MICRO FINANCING
Register your interest and let BeanSE guide you through the next step for MADANI WANITA-i financing.
