Low income loan investment for Malaysians – SARA1

Malaysia recently launched a governement-aided low income loan scheme for low income Malaysians earning between RM500 to RM3000 per month. The concept for this low income loan is quite a good one as it aim to encourage savings and invesments of low income earning Malaysians through this loan.

The low income loan can be serviced with minimum repayments over 5 years, with the low income loan of RM$5000 being used to invest in an equity fund which will give out monthly incentives greater than the repayments.

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