What is MADCash?
MADCash, which stands for (Multiply Assist Donate Cash) is a fintech company that works with women entrepreneurs to help them achieve greater financial security by providing the capital, business and financial acumen to grow their micro- businesses, with a goal of creating a future bankability score.
Program Statistics
Total Funded (RM) to Women Entreprepreneur
Total Funded (RM) by Bank Islam to Women Entrepreneur
Why
Female-run businesses make up between 40% to 60% of all micro-small- and medium-sized enterprises (SMEs) in South east Asia, but most of them don’t or can’t qualify for traditional financial services. There are many more nano businesses that are not seen because they do not register their businesses. This means most of these businesses earn day-to-day or week-to-week revenues, making them vulnerable to any calamity which could severely impact their families and the communities they serve.
In particular, these women struggle with :
Access to funding institutions
Operating unregistered businesses
Bad credit standing or are unbanked with no access to legal funding options
What MADCash Does
Provide structured entrepreneurship development and financial literacy training.
Offer Syariah-compliant micro-funding with 0% interest.
Assist to build and rebuild credit standing of entrepreneurs.
Multiply the impact of traditional giving as we upcycle our funds.
MADCash provides micro-funding to those eligible throughout the year. The amount of micro-funding available is between RM1,000.00 and RM5,000.00. Those interested are welcome to submit an application directly through our website on this page.
How it Works
How Can You Help?
Mentor
Do you have 1 hour worth to help women grow her business
Funder
Would you like to be part of this change movement?
Trainer/Coach
Do you have a skill that you would like to share with our community?