Business For Ummah (BIZ4U)

Economic Empowerment Campaign

Living on less than RM20 a day feels impossible, but it’s a reality for 10,000 hardcore poor household heads in Malaysia.

To break the cycle of poverty involves decent and productive jobs, sustainable businesses and economic development.  For many people, finding work is a key path out of poverty.

But challenges faced by B40 households are:

  • Having low wealth and assets ownership
  • Highly dependent on government assistance
  • Female head of households tend to receive less income

All the challenges are due to lack of education, engage in low skilled work.

 


 

What is MyFundAction doing?

We are supporting 60 beneficiaries annually to get out of the poverty line through Business for Ummah (Biz4U) program. The goal is to continue to uplift and enhance the quality of life of the B40 households in Malaysia through economic sustainability and well-being.
 

Project name Business for Ummah (Biz4U)
Objectives
  • To increase existing micro entrepreneurs income via business packages assistance
  • To support existing micro entrepreneurs with additional business package
  • To encourage the entrepreneurs to expand their business via stall or franchise packages
Target recipients 60 beneficiaries annually
Target locations
  • W.P Kuala Lumpur
  • Negeri Sembilan
  • Selangor
  • Johor
Contribution needed Monetary or in kind sponsorship

Together with partners, we develop skills and technical training programs, and we advocate them with 6 months income monitoring to help them sustain their income.

 
 

 

READ OUR STORY HERE

Updates on Biz4U

 

July 2022 It’s harvest day!
Batu Kikir, Negeri Sembilan.

After 50 days, most chickens have gained weight between 1.0kg to 1.5kg. This is a good indicator that the chickens are growing in a healthy condition.

Read more

 

August 2022 2nd cycle of the chicken project
Batu Kikir, Negeri Sembilan.

Using profits from the first cycle, Mr. Zariman started his second cycle of his poultry project with a total of 100 chicks.

Read more

Who is eligible for Biz4U Program?

Business for Ummah program targets the B40 group with an income bracket of RM 2,000 and below. 

The applicant must be:

  • A Malaysian citizen 18 years old and above
  • From a B40 families
  • A head of household or breadwinner
  • An existing small scale entrepreneurs
  • Having deep interest in entrepreneurship
  • Ready to commit with the program for at least for 2 years
How does crowdfunding of this project benefit the beneficiaries?

The fund raised from the campaign will be utilized accordingly based on MyFundAction’s beneficiaries assessment and selection criteria. Each beneficiary will be assessed. After selection, they will be provided with the assistance package valued up to RM8,000 per beneficiary.
 

What happens to the beneficiaries after completing the program's monitoring cycle of the program?

The initial Biz4U beneficiary’s monitoring period will be conducted at least for six months. But, if the beneficiary does not achieve our target in terms of their income, soft skills and business development, MyFundAction will extend the monitoring period for another 6 months; up to a 2-year period. For the successful candidate, they will become one of our entrepreneurs for Koperasi Biz4U.
 

Let's be part of us in this project

May Allah S.W.T rewards you [with] goodness. Support by sharing this campaign with others:

THE STORY OF US

We exist to create a better world by touching many hearts one at a time. MyFundAction is a non-profit organization runs by Youth that embraces love and passion through volunteerism and entrepreneurship.

Support Biz4U Campaign Now

May Allah S.W.T rewards you [with] goodness.
(PPM-006-14-07052014)