EN

SWEET

A special programme targeted at bumiputera women who aspire to venture into shariah-compliant franchise, pre-franchise, or licensing businesses. Through SWEET, participants will undergo business matching, receive financing assistance, participate in structured training, and benefit from six months of business mentoring after launching their business.

Objective

To provide support and guidance for bumiputera women in entering franchise, pre-franchise, or licensing businesses that comply with shariah regulations.

Eligibility Criteria for Financing Application

Franchisee / Pre-Franchisee / Licensee

  • Participants must be aged between 21 and 60 years;
  • At least 60% of the company’s equity must be held by Bumiputera women;
  • The entrepreneur must be the business owner/operator;
  • Must have received an offer of franchise rights from a franchisor/master franchisor registered with the Registrar of Franchises (ROF);
  • The company must be 100% Bumiputera-owned;
  • Financing applications via Sendirian Berhad copmany (Private Limited company) are eligible for up to RM500,000;
  • Applications by Sole Proprietorships, Partnerships, or Limited Liability Partnerships (LLPs) are limited to RM250,000;
  • The business must be Shariah-compliant;
  • The entrepreneur must have a good credit record and meet Pernas’ evaluation criteria;
  • The entrepreneur must have at least six (6) months of business experience (online or offline).
     

Financing Structure

Financing Mode

Islamic Financing Scheme (Tawarruq Concept)

Financing Amount

Up to RM500,000

Financing Margin

Up to 80% of the total project cost*

Profit Rate

3.75% per annum (subject to change)

Financing Tenure

5 to 7 years (Based on the term of the franchise / pre-franchise / licensing agreement)

Objective
Eligibility Criteria
Financing Structure