About

About the Kospem

INTRODUCTION

Koperasi Serbaguna Pekerja-Pekerja Malaysia Berhad is one of the pioneer Cooperatives in the country, which boasts membership strength of about 49,000 attracting members both from the Government and Private Sectors.

Our main and traditional activity since our inception in 1968 has always been the granting of personal loans to our members who are usually given a fixed period of time to repay these loans.

The co-operative has more than 50 years experience in granting of Personal loans and has consistently reporting profit over the years.


Monthly Subscription, loan repayment and other payments from members are done through a pay deduction scheme.

While our members from the Government Sector pay
through the Biro Perkhidmatan Angkasa (BPA), our Private Sector members’
subscription and other repayments are by way of salary deduction with the prior approval of the respective companies.

These methods have helped us not only to secure the repayment of almost all loans disbursed but also to monitor the loan repayments and tokeep the number of Non-Performing Loan relatively low.

 

To enable us to continue our obligations to our members and to cope with the ever increasing demands for such loan, we invite your participation as Financier in this Socio Economic plan of ours.

While the Suruhanjaya Koperasi Malaysia, the commission concerned with our activities, does not object to such indirect participation and cooperation, our governing Bye Laws particularly Section 7(1), (8), (9)(1) allows such financial arrangements. The Section is produced here for your reference:

  1. 7 (1) Matlamat Koperasi ini ialah untuk:
    (i) meningkatkan kepentingan ekonomi anggota yang terdiri daripada individu
  2. Fungsi koperasi ini ialah kredit.
    9 (1) Bagi mencapai matlamat dan fungsi koperasi, koperasi boleh menjalankan aktiviti:
    (a) Memberi pinjaman atau pembiayaan kepada anggota;
    (b) menggalakkan anggota berjimat cermat dan memberi pinjaman secara
    tunai atau pinjaman barangan pengguna dan menguruskan pinjaman
    yang dibiayai oleh bank atau institusi kewangan; “