A. iTEKAD Programmes To enable microentrepreneurs to achieve economic independence, enhance their livelihoods, and attain long-term financial stability. Through our iTEKAD micro-financing programmes, BangKIT and Maju, we target underbanked microentrepreneurs, equipping them with the tools they need to flourish. This comprehensive approach provides essential business assets, facilitates access to microfinance, and delivers thorough training programmes, fostering both financial literacy and a strong business foundation. Further amplifying our impact, the iTEKAD revolving fund fuels a continuous cycle of empowerment. Financing payments are reinvested in new entrepreneurs, maximising the reach and impact of every ringgit invested. 285 entrepreneurs have benefitted from our initiatives, supported by a significant disbursement of RM8,332,030 towards sustainable income generation. Objective: What We Did: Progress and Achievements: The Value Created in 2023 1. Amplifying Entrepreneurial Development Bank Islam supports the economic upliftment of microentrepreneurs through the iTEKAD programmes. These initiatives provide comprehensive assistance, including financial literacy, business acumen training, and microfinance, backed by social finance mechanisms to promote sustainable business growth. Programme : iTEKAD Maju Number of Beneficiaries : 108 Total Disbursement (RM) : 5,206,110 Programme : iTEKAD BangKIT Number of Beneficiaries : 177 Total Disbursement (RM) : 3,125,920 Total Number of Beneficiaries : 285 Total Disbursement (RM) : 8,332,030 Nor Hasnaa Kamilah Mohd Dalim has charted a remarkable journey, transitioning from her roots in Omaf Fish Crackers to establishing Omaf Apparel in 2020. Despite facing unprecedented challenges during the COVID-19 pandemic, Noor Hasnaa Kamilah demonstrated remarkable adaptability by responding to the changing market dynamics. She strategically diversified her offerings and leveraged online platforms to mitigate the impact of the Movement Control Order on her newly established business. Ultimately, she identified the untapped potential of the jersey t-shirt market due to its broad appeal. Noor Hasnaa Kamilah firmly believed in the adage “where there’s a will, there’s a way.” This resilient spirit, cultivated from a young age growing up in an entrepreneurial family, proved invaluable. Bank Islam’s iTEKAD Maju programme provided the crucial support she needed to catalyse Omaf Apparel's success. It provided the necessary foundation for acquiring essential equipment and renovating the company's premises. Omaf Apparel's commitment to continuous improvement and strategic business decisions yielded tangible results, not only financially but also in contributing to the broader community. The company's growth has directly translated into creating employment opportunities, underlining its positive impact on the local economy. With a solid foundation, a diversified product portfolio, and a commitment to fostering economic development within the community, the company remains poised for continued growth. Programme: iTEKAD Maju A Journey of Resilience 145 1 2 3 4 5 6 7 8 9 www.bankislam.com SUSTAINABILITY STATEMENT
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