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Press Room
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MicroCredit Business Scheme

On 15 November 2011, Tote Board jointly presented the MicroCredit Business Scheme (“MCBS”) with POSB (of DBS) and SE Hub Ltd at a press briefing. It was designed to provide business loan to low income Singaporeans and help them become more self-reliant, by starting up or expanding their micro-businesses. The MCBS has since commenced operations on 18 November 2011.