Funding Alone Won’t Grow A Business, Here’s How This M’sian Startup Empowers Womenpreneurs

During the announcement of Budget 2023, Finance Minister Tengku Zafrul said that a total of RM235 million in financing funds would be specifically allocated to women.

These would be delegated through BSN Semarak-Nita, Tekunita TEKUN, DanaNITA MARA, and Biz Lady Bank Rakyat schemes to help women entrepreneurs grow their businesses and enhance their marketing strategies.

On a smaller scale but with objectives that are no less noble, these initiatives are exactly what the team at MADCash hope to carry out too.

A Shariah-compliant fintech ecosystem builder, MADCash mainly provides microfunding to women entrepreneurs who need a cash flow injection, founders Nuraizah (Aizah) and Dr. Nikolai told us.

Their digital platform also tracks the impact of the microfunding given to their beneficiaries with the end goal of generating a credit score for the unbanked.

With such ambitious goals, we spoke to the founders to learn more about how the platform is going about achieving them.

Source : VULCAN POST