Micro-franchising scheme to be rolled out in Malaysia

Micro-franchising scheme to be rolled out in Malaysia

KUALA LUMPUR - A micro-franchising scheme to help women entrepreneurs in rural areas and small towns is set to be rolled out next year.

The programme will enables participants to start a franchise business with a capital of RM50,000 (S$19,400) and below, said Women, Family and Community Development Minister Datuk Rohani Abdul Karim.

"People normally associate franchising with big-name brands, which needs a huge sum of investment.

"However, we do have smaller scale franchising, which is below RM50,000," she said.

"In 2013, RM8mil was allocated for the micro-financing scheme, tasked to Perbadanan Nasional Berhad (PNS)," added Rohani.

She is hoping to get 100 women participants in the programme in 2014.

The ministry's other initiatives for women's economic empowerment includes the Mamacare programme, which trains women to provide post-natal care.

The ministry aims to increase the number of participants from 89 to 300 next year.

Rohani was at the closing ceremony of the 12th Meeting of the ASEAN Committee on Women from Dec 11 to 12.

Ten ASEAN countries had proposed 12 projects to be funded by the European Union under the Regional EU-ASEAN Dialogue Instrument (READI) facility.

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