Claim Unsubstantiated, Says YBU


Yayasan Bina Upaya Darul Ridzuan (YBU) dismissed claims by certain quarters, that the foundation was selective when dishing out micro-credit loans to applicants from Manjung District. According to Encik Hairul Mohamed Noor, YBU’s Chief of Corporate Services, a total of 140 applicants from Manjung District have received loans from the foundation so far. “The amount disbursed is in excess of RM1.2 million,” said Hairul to Ipoh Echo. “In fact, Manjung District is second only to Kinta District in terms of number.”

Hairul’s response came on the heels of the weekly programme, “Titek Sentuhan” over TV3 which was televised on Sunday, November 13. In the hour-long programme, slated at 9.00 p.m. weekly, a group of pasar malam (night market) traders complained that YBU’s offering of micro-credits was deceptive, tantamount to  hype (melepaskan batuk ditangga) to fool the rakyat.

“YBU has loaned out a sum of RM800,000 to 76 successful applicants from pasar malam traders in Manjung,” said Hairul. “The loans are for an array of small businesses such as food processing, retailing and hawking.”

YBU targets a wide spectrum of the populace. It does not confine its coverage to a selected group of business people only. The foundation pursues a vigorous poverty eradication programme aimed at improving the quality of life of the poor and the marginalised, regardless of beliefs and ethnicity. This is its expressed objective.

“Single mothers, the physically handicapped, the hard-core poor, the likely to be poor and not forgetting, the Orang Asli are our targets too,” Hairul remarked.

The foundation’s role in fulfilling this singular objective is extensive thus people have to appreciate the difficulties it faces daily. “We simply cannot please everyone”.