B40 traders' income soars since signing up for govt initiative_New

Free Malaysia Today

A housewife in Kelantan says she is able to raise her family’s standard of living by becoming the owner of a vending machine under the People’s Income Initiative.   Read More: https://www.freemalaysiatoday.com/category/nation/2024/04/24/b40-traders-income-soars-since-signing-up-for-govt-initiative/  Laporan Lanjut: https://www.freemalaysiatoday.com/category/bahasa/tempatan/2024/04/24/ipr-lonjak-pendapatan-peniaga-b40/  Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #IPR #UiTM #B40

Transcript

00:00 People often overlook the existence of vending machines until their stomachs growl and their

00:06 throats dry up.

00:07 But there is one particular vending machine at University Technology Mara's Kelantan

00:11 Brunch that students have taken a liking to.

00:13 Little do they know, their overwhelming support has helped transform the life of a B40 family

00:18 for the better.

00:19 The housewife makes between RM13,000 to RM21,000 a month through the vending machine, depending

00:35 on whether the students are on break.

00:37 After deducting the cost of raw materials, she is still able to make a profit of at least

00:41 RM5,000 a month, a princely sum compared to the RM500 she used to earn from selling kueh.

00:47 Anasikin is one of the many participants of the People's Income Initiative, a short

00:50 and medium-term intervention measure that the government created to eradicate hardcore

00:54 poverty.

00:55 There are three pilot initiatives, the Farming Entrepreneur, INTAN, Services Operator, IXAN

01:00 and Food Entrepreneur, INSAN.

01:03 Since joining the INSAN initiative in October, the mother of four whose husband works as

01:07 a bus driver has been working tirelessly to make sure the vending machine never runs out

01:11 of food.

01:12 One Asikin also chooses to fix the price of her meals to under RM10, since her clientele

01:29 is mostly students.

01:30 Right across the east coast at Penang UITM, Amin Afifi's monthly profit has increased

01:53 to RM5,000, five times more than his previous income when he operated an online bakery with

01:59 his wife.

02:25 He called for more assistants to help young entrepreneurs like him, hoping to venture

02:29 further into the food and beverage industry.

02:53 Although one Asikin and Amin are strangers to one another, they are united in their goal

02:57 of providing the best for their families.

03:00 The IPR initiative has given them a lifeline by giving them a platform to do business while

03:04 the rental and electricity costs of the vending machine are covered.

03:08 Now it is up to them to chart their own success.

03:11 Samui Choi and Tan Chin Tung, FMT News.

03:13 (dramatic music)

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