xeroxphan:
Also, quite contrary to what is being said, it is indeed quite difficult to get funding for agriculture enterprises. The reason being that banks view agriculture in Malaysia as a high-risk enterprise, and thus are unwilling to part money without some form of collateral, usually with the mortgage of the land itself.
Agrobank is supposed to be more open to funding agriculture projects, but from what I know, they've also maintained a similar attitude to other banks. I guess that's the reason why the entire board had been changed not too long ago. That saying, it might be worth trying now. If not, try microfinancing from government-linked banks, like BSN. Do note however that they will specify a "manufacturing" or "downstream processing" component to your enterprise, before they approve the loan, so think of possible plans of including a smallscale cottage industry. Eg. kerepek pisang tanduk, or homemade kimchi etc. Here is Sarawak, we see a lot of enterprising cottage industries, and many of their products get featured in mainline hypermarkets like Giant.
Venturing into Agriculture & Aquaculture, Co-Ordination & Implementation is KEY
Dec 1 2013, 10:10 AM
Quote

0.0256sec
1.33
6 queries
GZIP Disabled