About Koperasi Shamelin Berhad
Personal Loan Koperasi Shamelin Berhad
Koperasi Shamelin Berhad KSB Summary
- Koperasi Name: Koperasi Shamelin Berhad
- Abbreviation / Code Name: KSB
- Koperasi Promotion Name: Personal Finacing promotion for Koperasi KSB
What are the services provided by Koperasi Shamelin Berhad?
Apart from personal loan, the services provided by Koperasi Shamelin Berhad are such as personal loans to members, welfare funds, education funds and death benefit funds. Find out more about these personal loans.
About Koperasi Shamelin Berhad KSB
Get Personal Loan Koperasi Shamelin Berhad KSB, Tabung Skim Khairat Kematian, Tabung Pendidikan and Kebajikan now and high annual dividend with Koperasi Shamelin Berhad, or better known as SHAMELIN, is a registered cooperative established on 13 April 1971 with the aim of enhancing the economic interests of its members in accordance with the principles of cooperatives.
As of December 2012, has 22,424 members with accumulated shares of RM9,835,153.55.
Since its inception, Koperasi KSB has gone through some bitter experiences in trying to find and consolidate economic activities that can realize the purpose of the establishment.
Among some of the most prominent business ventures of the 70s was the effort to set up a nationwide chain of grocery stores, but it was less successful.
In the early 80s, Koperasi KSB managed to acquire a 135-acre plot of land in Cheras, Kuala Lumpur to be developed as a park containing residential, commercial and manufacturing buildings, known as Taman Shamelin Perkasa. The success of acquiring this land has given the opportunity to leap far into the mainstream of the country’s economic activities at that time.
In the early stages, the cooperative managed to run the business of developing this property well, but in the mid -80s, it began to face problems and subsequently the development project was abandoned.
As a result, other businesses he ventured into also faced problems and was on the verge of bankruptcy.
Koperasi Shamelin Berhad Membership Benefits
Apart from the personal loans offered, among the advantages of Koperasi Shamelin Berhad Membership will be examined and improved from time to time according to the needs of members. Cooperative members will enjoy facilities such as:
- Enjoy annual profits in the form of dividends.
- Opportunity to participate in the Family Financial Management Package in groups.
- Islamic short/ long term financing/ loan facilities.
- Benefits from welfare funds:
- Group Family Takaful Death Benefit Scheme Fund.
- Education and Welfare Fund.
The purpose of the Koperasi Shamelin Berhad Welfare Fund is to provide contributions to members affected by disasters or chronic illnesses to alleviate the burden incurred and not compensation for loss of property or illness suffered and so on as well as sincere contributions as a charity program for the Cooperative.
The purpose of this Education Fund is to provide gifts and contributions to eligible members or children of members.
Academic outstanding prizes in examinations:
- Level 3 Assessment (“PT3”);
- Sijil Pelajaran Malaysia (SPM)
- Religious Secondary Certificate (SMA)
- Malaysian Higher Certificate of Education (STPM)
- Sijil Tinggi Agama Malaysia (STAM) and
- Matriculation; and
- Foundation Program
Death Benefit Fund (Tabung Khairat Kematian)
The purpose of this Scheme is to provide protection by providing benefits to members or heirs of members in the event of death of the member or heirs of the member himself.