Open to youths carried out activities in agriculture and agro-based industry
Eligibility
- Age below 40 years
- Individual/partnership entrepreneurs limited to 2 members only
- Written recommendation and support from the Youth and Sports Ministry
- Fixed and working capital
Financing Amount
- Minimum RM5,000 up to RM50,000
Repayment Period
Required Documents
- Copy of identity card
- Copy of land title
- Working paper
- Loan amount: RM5, 000 – RM15, 000 (no guarantor)
- Loan amount RM15, 001 – RM50, 000 (guarantor with fixed income of at least RM800 per month)
- Physical collateral are acceptable by Agrobank
Term & Conditions
- Full security/guarantee acceptable by Agrobank are; fixed deposit, fixed assets (land/building) and others
- Terms and conditions of financing will be accordance to types of products and projects/business
