Yayasan Usaha Maju Gets RM11.6 million from State Government in 2025

The government’s micro credit under Yayasan Usaha Maju (YUM), has shown encouraging results. YUM - a state trust body under the purview of the State Ministry of Finance - provides micro credit loans to hardcore poor households to undertake income-generating activities. The State Government has allocated RM11.6 million to YUM in 2025 to continue the credit programme aimed at pushing low-income women to venture into income-generating activities.

YUM has disbursed RM805 million in loans to 47,389 borrowers. The loan repayment performance has been good, at repayment rate of 96 per cent. The achievement is satisfactory with 20 per cent of YUM's borrowers who were previously below the poverty line successfully achieved a monthly income surpassing the poverty line.

Since its inception in 1995, YUM has lifted households out of poverty and especially in the rural and interior communities. Chief Minister Datuk Seri Panglima Haji Hajiji Haji Noor said the State Government will continue to provide funding to YUM. Hajiji spoke on 5 July 2025 at the Tuaran YUM Family Day at Sulaman. “The success of the program enables YUM to expand its efforts to assist more people in improving their livelihoods,” the CM said. "YUM members must continuously enhance their business skills by participating in workshops, courses, training and adopting the latest technologies.”