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BNM’s Fund for SMEs : Micro Enterprises Facility (MEF)

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Features of Micro Enterprises Facility (MEF)

Eligibility criteria 

  •  Micro enterprises* that meet the definition approved by the National Entrepreneur and SME Development Council (NESDC); or
  •  Malaysian micro entrepreneurs including self-employed individuals, gig workers on digital platforms and participants of the iTEKAD programme

The financing shall be offered under the Skim Pembiayaan Mikro, with no collateral. Please apply directly from participating financial institutions (PFIs) under the Skim Pembiayaan Mikro. (Click here)

Purpose of financing: 

• Working capital; and/or

• Capital Expenditure

Note: Financing should be used for business purposes and cannot be used for refinancing of existing credit/financing facilities.

Financing size : Up to RM50,000 per micro enterprise / entrepreneur

Financing rate : Determined by PFIs

Tenure : Up to 5 years

Application procedure: Submit application directly to PFIs and approval will be subject to the credit assessment of PFIs

* Malaysians residing in Malaysia who hold a minimum of 51% shareholding in the micro enterprise.

For more information: 

  •  Contact the PFI’s customer service
  • Log on to PFIs website
  • BNM eLINK : https//


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