Best Small Business Loans for Women Entrepreneurs in Malaysia (2025)
Women entrepreneurs in Malaysia have access to several financing options specifically designed to support their business growth. Here are some of the best business loan options available:
1. MIDF M-WiSE Program
- Description: A financing scheme by the Malaysian Industrial Development Finance (MIDF) in collaboration with MBSB Bank to support women entrepreneurs.
- Loan Amount: Up to RM1 million.
- Financing Coverage: Up to 100% financing available.
- Loan Tenure: Up to 10 years.
- Website:
2. Maybank HERpower Loan
- Description: A digital financing option designed for women entrepreneurs with no collateral required. It also includes access to business advisory services.
- Loan Amount: Up to RM1 million.
- Approval Speed: Fast approval process.
- Website: maybank2u.com.my
3. Bank Islam WinBiz Financing
- Description: A special financing program called “Women in Business” (WinBiz) by Bank Islam, offering term financing and revolving credit facilities.
- Loan Amount: RM100,000 to RM1 million.
- Loan Tenure: Up to 7 years.
- Profit Rate: Base Financing Rate (BFR) + 1.50% per annum.
- Website: bankislam.com
4. MARA DanaNITA Loan
- Description: A financing scheme by the Majlis Amanah Rakyat (MARA) designed to support Bumiputera women entrepreneurs in growing their businesses.
- Eligibility:
- Malaysian Bumiputera women aged 18-60 years old.
- Business must be registered under SSM and operational for at least 6 months.
- Website: mara.gov.my
5. BSN Micro-i MADANI Wanita
- Description: A micro-financing scheme by Bank Simpanan Nasional (BSN) to help women entrepreneurs expand their businesses.
- Website: bsn.com.my
6. Standard Chartered WOWnita Loan
- Description: A specialized business financing option for women entrepreneurs with low interest rates, no collateral, quick approval, and flexible repayment plans.
- Website: sc.com
7. TEKUN Nasional TemanNita Loan
- Description: A group-based financing scheme aimed at helping women entrepreneurs access funding with a simple and quick approval process.
- Website: malaysia.gov.my
8. Women Entrepreneur Financing Programme (WEP-LEAP)
- Description: Provided by the Centre for Entrepreneur Development and Research (CEDAR), this program helps women entrepreneurs develop business strategies and financing applications.
- Website: cedar.my
9. Micro Financing Scheme (Skim Pembiayaan Mikro)
- Description: Allows women entrepreneurs to apply for loans up to RM50,000 without collateral from multiple financial institutions.
- Website: bnm.gov.my
Final Thoughts
When selecting a business loan, women entrepreneurs in Malaysia should compare eligibility requirements, loan amounts, repayment terms, and application processes to find the most suitable financing solution for their businesses.
