BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Resource Centre  >  How MyCIF Uses P2P Financing To Support Social Enterprises, SMEs and Micro SMEs

How MyCIF Uses P2P Financing To Support Social Enterprises, SMEs and Micro SMEs

Chai Kien Poon, Country Head, Funding Societies Malaysia

01-Aug-23 13:30

How MyCIF Uses P2P Financing To Support Social Enterprises, SMEs and Micro SMEs

Under Belanjawan 2023, an additional RM40 million has been allocated to the Malaysia Co-Investment Fund (MYCIF) to further enhance the liquidity of equity crowdfunding (ECF) and peer-to-peer (P2P) markets in a bid to better serve the financing needs of this important segment of the economy.

We take a closer look at P2P financing and the MyCIF facility, including why, how, and when SMEs and Social Enterprises should tap into this for their financing and working capital needs, with Chai Kien Poon, Country Head of Funding Societies Malaysia.

Learn more about Belanjawan 2023 at https://belanjawan.mof.gov.my/manfaat/

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  politicsgovernmentmarketsCorporatesSMEentrepreneursfinancial wellnessyoung finance

Tags:  p2p financingfinancingbank loansmsmesbelanjawan 2023micro smes





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) Hann Liew, Founder and CEO of Halogen Capital, joins BFM to review a volatile 2025 and outline the outlook for 2026.

12:00 PM

Popcorn Culture

(REPEAT) In this double bill episode, we review the newly concluded Season 1 of Apple TV's Pluribus, and discuss whether it has us excited for a second season of this philosophical sci-fi mystery.

1:00 PM

Cruise Control

(REPEAT) We kick off the first episode of this year with Daniel's thoughts on the iCaur V23, an EV that, according to him, is simply awesome.

2:00 PM

Matt-Splained

(REPEAT) In a world of constant iteration cycles and incremental upgrades, we take time to salute some of the big names and services that the tech world lost in 2026.

3:00 PM

Earth Matters

(REPEAT) Fireflies in Bukit Kiara signal ecosystem health under urban pressure. We explore why they matter, and how a new intiative called The Glow Campaign is driving collective action.

4:00 PM

Bar None

(REPEAT) We explore pickleball's rise in popularity and whether it's here to stay.

5:00 PM

BBC World Service

BFM presents the BBC World Service, which provides in-depth coverage of issues from around the world.