Agrobank Allocates RM50 Million to Support Over 4,000 Microentrepreneurs Through AgroPintar Programme

Agrobank officially launched its Agro Pintar Niaga Programme (AgroPintar) today, a comprehensive initiative designed to empower microentrepreneurs through a combination of financing, i-TEKAD grant matching and structured entrepreneurship training to help them manage and grow their businesses sustainably.

According to Dato’ Tengku Ahmad Badli Shah Raja Hussin, Group President/Chief Executive Officer of Agrobank, “AgroPintar is a holistic programme that offers not just financing and i-TEKAD grant matching, but also essential modules on entrepreneurship and business ethics. It places strong emphasis on financial literacy, covering areas such as financial management, credit risk control and debt management. The ultimate goal is to enhance the competitiveness and decision-making capabilities of microentrepreneurs to help them make more effective business decisions.”

He further explained that “Agrobank has allocated RM50 million to facilitate microfinancing access through this programme, alongside an additional RM5 million in i-TEKAD matching grants. The programme will support microenterprises through business and contract farming financing schemes, aiming to benefit more than 4,000 qualified microentrepreneurs, particularly from low-income communities.”

“We believe this initiative will not only drive positive economic outcomes but also foster social development among microentrepreneurs,” he added. “Through structured guidance, participants will be equipped with the knowledge and tools to make sound financial and business decisions, ultimately improving their capacity to manage various aspects of their businesses efficiently. Furthermore, we will monitor the programme’s impact and effectiveness six months after participants join.”

The AgroPintar Programme is spearheaded by Agrobank’s Centre of Excellence (ACE) and Microfinance Division, reflecting Agrobank’s ongoing commitment to empowering microentrepreneurs across Malaysia. It aligns with the bank’s mission to nurture resilient, forward-thinking and sustainable entrepreneurs over the long term.

At the same event, Agrobank also launched the Financial Literacy Video Series, developed in strategic collaboration with the Financial Education Network (FEN). The 12-episode series features popular social media influencer, Sir Asai. This initiative is tailored to promote financial awareness among school students using fun and accessible content. It aims to instil healthy financial habits through the 3S approach — Spend, Save and Share — encouraging the younger generation to adopt responsible money management from an early age.