Beneficiaries of Kojadi SME soft loans recall how the funds keep them afloat

The Star

Fish farm operator Lim Hong Peng almost had to ditch his expansion plans when he found that banks were reluctant to support his business venture. He is one of the many beneficiaries of the Kojadi SME soft loans.  WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

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00:00Hundreds of Kojadi members attended the Cooperative's annual General Meeting in Kuala Lumpur on Saturday.

00:08Two of them recalled how Kojadi's SME Soft Loans gave their business venture the much-needed

00:13boost years ago.

00:14At that time, it was difficult for us to maintain our businesses and to get loans from the banks.

00:15Because we were on the sea, they thought that our risk was higher.

00:16They wouldn't give us loans.

00:17But Kojadi helped us to expand our farming business.

00:24In the past, the land was smaller, but after we got the loan, we could buy wood and expand

00:33it.

00:34This improved the survival rate of our business.

00:35But when we got the loan, we couldn't do anything.

00:36We couldn't do anything.

00:37We couldn't do anything.

00:38We couldn't do anything.

00:39We couldn't do anything.

00:40We couldn't do anything.

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00:44We couldn't do anything.

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