- Provide working capital for Cooperatives
under Ar-Rahnu X’Change Franchise Program
to fund Ar–Rahnu financing activities to the Customers
- Strengthen and expand the existing franchisee business and to create awareness and interest from other Cooperatives
- Improve efficient Ar–Rahnu Franchisee operation
- Cooperatives which are registered under the Cooperative Societies Act 1993
- Profitable for the past 3 years
- Cooperative with no adverse findings in CTOS and CCRIS
- Tenure of Financing
5 years (based on Annual Review)
- Purpose of Financing
Provide working capital for Cooperatives to fund Ar–Rahnu financing activities to the customers
- Margin of Financing
Maximum 80% of mortgage letter
