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A study on Bank Pertanian Malaysia, Sarawak branch: The sustainability in providing microfinance for poverty alleviation/ Kamal Abg Abu Bakar

Poverty in Malaysia is predominantly a rural problem with 60 percent of the poor in the country residing in the rural areas and mostly are relying on agriculture activities as a source of earning. Latest statistic shows that 1.5 million Malaysians are classified as living in poverty earning a month...

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Main Author: Abg Abu Bakar, Kamal
Format: Student Project
Language:English
Published: 2002
Subjects:
H Social Sciences (General)
Banking
Online Access:https://ir.uitm.edu.my/id/eprint/82471/1/82471.pdf
https://ir.uitm.edu.my/id/eprint/82471/
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spelling my.uitm.ir.824712023-08-09T04:35:09Z https://ir.uitm.edu.my/id/eprint/82471/ A study on Bank Pertanian Malaysia, Sarawak branch: The sustainability in providing microfinance for poverty alleviation/ Kamal Abg Abu Bakar Abg Abu Bakar, Kamal H Social Sciences (General) Banking Poverty in Malaysia is predominantly a rural problem with 60 percent of the poor in the country residing in the rural areas and mostly are relying on agriculture activities as a source of earning. Latest statistic shows that 1.5 million Malaysians are classified as living in poverty earning a monthly income of RM580.00 in which about 140,000 of them are in Sarawak. For that reason, micro finance is an opportunity for them to access start-up or additional capital to make a living and survive! The establishment of Bank Pertanian Malaysia as a development bank is to provide and regulate credit and other facilities for the promotion and development of economic activities in the rural areas. However, BPM Sarawak branch was accused of having poor collection rates, which lead to the micro finance program being ceased. Based on its financial year ending 31st December 2001, micro credit figure is less than 5% from the total loans portfolio for Sarawak with no new micro finance loan approved or developed. The problem of BPM Sarawak is to sustain its microfinancing. 2002 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/82471/1/82471.pdf A study on Bank Pertanian Malaysia, Sarawak branch: The sustainability in providing microfinance for poverty alleviation/ Kamal Abg Abu Bakar. (2002) [Student Project] (Unpublished)
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic H Social Sciences (General)
Banking
spellingShingle H Social Sciences (General)
Banking
Abg Abu Bakar, Kamal
A study on Bank Pertanian Malaysia, Sarawak branch: The sustainability in providing microfinance for poverty alleviation/ Kamal Abg Abu Bakar
description Poverty in Malaysia is predominantly a rural problem with 60 percent of the poor in the country residing in the rural areas and mostly are relying on agriculture activities as a source of earning. Latest statistic shows that 1.5 million Malaysians are classified as living in poverty earning a monthly income of RM580.00 in which about 140,000 of them are in Sarawak. For that reason, micro finance is an opportunity for them to access start-up or additional capital to make a living and survive! The establishment of Bank Pertanian Malaysia as a development bank is to provide and regulate credit and other facilities for the promotion and development of economic activities in the rural areas. However, BPM Sarawak branch was accused of having poor collection rates, which lead to the micro finance program being ceased. Based on its financial year ending 31st December 2001, micro credit figure is less than 5% from the total loans portfolio for Sarawak with no new micro finance loan approved or developed. The problem of BPM Sarawak is to sustain its microfinancing.
format Student Project
author Abg Abu Bakar, Kamal
author_facet Abg Abu Bakar, Kamal
author_sort Abg Abu Bakar, Kamal
title A study on Bank Pertanian Malaysia, Sarawak branch: The sustainability in providing microfinance for poverty alleviation/ Kamal Abg Abu Bakar
title_short A study on Bank Pertanian Malaysia, Sarawak branch: The sustainability in providing microfinance for poverty alleviation/ Kamal Abg Abu Bakar
title_full A study on Bank Pertanian Malaysia, Sarawak branch: The sustainability in providing microfinance for poverty alleviation/ Kamal Abg Abu Bakar
title_fullStr A study on Bank Pertanian Malaysia, Sarawak branch: The sustainability in providing microfinance for poverty alleviation/ Kamal Abg Abu Bakar
title_full_unstemmed A study on Bank Pertanian Malaysia, Sarawak branch: The sustainability in providing microfinance for poverty alleviation/ Kamal Abg Abu Bakar
title_sort study on bank pertanian malaysia, sarawak branch: the sustainability in providing microfinance for poverty alleviation/ kamal abg abu bakar
publishDate 2002
url https://ir.uitm.edu.my/id/eprint/82471/1/82471.pdf
https://ir.uitm.edu.my/id/eprint/82471/
_version_ 1775626449688985600
score 13.211869

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