Efforts to resolve problems of unemployment among youths in Perak are being pursued in earnest by the state government. Yayasan Bina Upaya Darul Ridzuan (YBU) has joined the fray by extending the on-going micro-credit scheme to youths wishing to do business. The newly introduced scheme, aptly named Mikro Kredit Aman Jaya Belia Niaga, will provide the impetus to jump-start the much awaited programme.
The event was formally launched by Dato’ Zainal Fadzi Paharuddin, the Executive Councillor for Arts, Youth and Sports at YBU’s hall in Greentown Square recently. “The government has set aside RM2 million for youth developments in Budget 2012. A supplementary sum of RM3.06 million has been allotted to help youths venture into business,” said Zainal to reporters after the launch. The foundation has been tasked to disburse the sum in the form of micro-credits. “Loans ranging from RM5,000 to RM10,000 will be given to successful applicants.”
The scheme covers three aspects – capital to start a business, capital for business expansion and capital for cluster business development. “It’s a boon for enterprising youths,” said Dato’ Saarani Mohamad, the Chairman of YBU who was present at the launch along with Deputy Chairman, Khairul Azwan Harun and CEO, Dato’ Zainal Abiddn Omar.