Thursday, March 15, 2012

1MCA Micro Credit For Youth


Recently MCA Party President, Datuk Seri Chua Soi Lek had attended a meeting with Indian grass root leaders at Eastin Hotel in Penang. Well thumbs up to MCA for their initiative to open doors and serve all ir-respective of race. I came across some negative comments that were saying KOJADI - the Cooperative under MCA is keen in making profit within 5 years. Well for me its simple. No agencies, cooperative, private firms does or gives out loan for free. They might make less profit but they still do. The advantage of the MCA loan is regarding the requirement and the documents requested. I believe this have open doors for many Malay & Indian youths. PDC in Penang have been giving out small scale business loan of RM5,000.00. Well i wonder what can we start with a mere 5k. Furthermore, those who had applied since November last year, is still waiting for theirs to get approved. We have collected a total of 11 applications and have send it to MCA. Lets see what will the outcome be and how much is being approved for each individual. But again, Bravo to MCA for truly being #1Malaysia.

The 10 Applications that were submitted to MCA @ Kojadi