KUALA LUMPUR: Credit score Assure Corp Malaysia Bhd (CGC) and Credit score Counselling and Debt Administration Company (AKPK) have signed a memorandum of understanding on elevating micro, small and medium enterprises (MSMEs) and people’ monetary literacy.

In a joint assertion, each events stated the partnership would allow CGC to refer its MSME prospects to AKPK’s e-learning programs, workshops and webinars on subjects associated to monetary literacy and monetary administration.

“These MSME prospects may even be referred to AKPK for debt administration initiatives.

“Earlier this 12 months, CGC began referring its BizMikro-i candidates to attend AKPK’s e-learning course, referred to as Bijak Wang Bijak Niaga.

“The course is part of the advisory companies below the CGC Developmental Programme that gives hand-holding initiatives to MSMEs,” the assertion stated.

It additionally stated the collaboration was consistent with Financial institution Negara’s imaginative and prescient of Nationwide Technique Monetary Schooling Community (FEN), which goals to enhance the monetary well-being of Malaysians.

“AKPK’s prospects enthusiastic about MSME financing will be capable of leverage GCC’s imSME portal, which is Malaysia’s first SME on-line financing or mortgage referral platform that may present entry to financing alternatives from CGC in addition to from different monetary establishments, developmental monetary establishments, and various financiers.

“They may even be capable of take part within the CGC Developmental Programme, a two-pronged scheme offering individuals with advisory companies for entry to financing and entry to market,” it stated.

CGC president and chief government officer Datuk Mohd Zamree Mohd Ishak stated the robust synergy between CGC and AKPK will help the general public by way of monetary schooling and help their aspiration ought to they goal to be entrepreneurs.

“CGC believes in talent enhancements and this collaboration will allow our MSME prospects to capitalise on AKPK’s e-learning programs, workshops and webinars on monetary literacy, in addition to its debt administration initiatives,” he stated.

Mohd Zamree additionally famous that the win-win collaboration would promote monetary literacy and tackle FEN’s necessary agenda in serving to Malaysians enhance their monetary well-being and constructing a robust basis for the nation’s monetary future.

In the meantime, AKPK chief government officer Azaddin Ngah Tasir stated the collaboration permits the company to additional broaden its attain and supply its options to CGC prospects and vice-versa. — Bernama

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