To provide credit facilities to all micro entrepreneurs involved in economic activities related to agricultural and agro-based industry that cover all activities in the production, processing, services, marketing and consumerism needs under the BNM’s fund.

Eligibility

• Malaysian citizen aged 21-60 years old upon application
• Full-time/part-time micro entrepreneur
• Project/business has operated for more than 1 year
• Obtained license / permit / rental agreement of land/premise and other approval from the local authorities

Loan/financing Limit
Up to RM50,000

Loan Financing Period
Up to 60 months

Terms of Guarantee are required for

• New applicants less than 12 months doing business/dealing with Agrobank
• Loan exceeding RM20,000

Required Documents

• Photocopy of IC of applicant and partner
• Copy of company registration/business license 
• Copy of premise/land rental
• 3 months utility bill
• Passport-sized photo
• 3 months pay slip 
• Bank/Investment statement

Interest Rate
14% / year [Repayment Schedule]

Micro Definition
http://www.smecorp.gov.my/ms/node/739