As multiple crises continue to weigh on our economic recovery, Malaysians everywhere are feeling the pinch. To try and combat the rise in prices of everyday essentials, many Malaysians have sought to add new streams of income to cover their expenses.

Boost, through its AI-based lending business, Boost Credit, introduced a referral programme in 2020 in an effort to help people earn extra money.  Called Kongsi Klub, this programme allows anyone to become a referrer for small business owners to receive financing. Once the referral succeeds in qualifying for the financing applied, the Rakan Kongsi Klub can receive cash rewards of up to RM1,500 per referral with no minimum cap.

Azuwan bin Ahmad became a Kongsi Klub partner or Rakan Kongsi Klub in 2021, as he was sourcing a new stream of income to mitigate the challenges brought on by the pandemic.   A small business owner from Kedah, Azuwan was struggling during the height of the pandemic when he then came across Kongsi Klub via a Facebook post. After finding the process to apply for Boost Credit’s financing a fully digital, simple and hassle-free experience, he decided to become a Rakan Kongsi Klub to help refer other business owners to get easy financing like he did. Initially, Azuwan set a goal of earning RM1,000 a month, and with the help of social media platforms, such as Facebook and WhatsApp, and word-of-mouth, Azuwan was able to attract MSMEs looking to develop and grow their businesses. Now, as the country has transitioned into the endemic phase, and more businesses are opening up again, Azuwan aspires to increase his monthly goal.

Azuwan attributes his success with his own experience of obtaining financial assistance. He said, “Having gone through the process personally definitely makes it easier for me to share my experience that led me to Boost Credit. This helped me to relate more with small businesses and successfully onboard them to obtain financing from Boost Credit. Since I already know how to navigate potential issues applicants may encounter, it makes the entire process much smoother.”

With regards to his personal journey, Azuwan says the financing he received from Boost Credit enabled him to expand his business and ensured he had another source of cash flow, which was particularly useful during the pandemic when things were difficult.

Estimating that Azuwan has already earned more than RM5,000 through Kongsi Klub alone, he is very pleased with his decision to become a Rakan Kongsi Klub. Now, Azuwan focuses on reaching out to more MSMEs to get the right financing to grow their business, and encourage them to become a Rakan Kongsi Klub, as the benefits can be lucrative.

Since any Malaysian can become a Rakan Kongsi Klub, what are you waiting for?
 

Sign up now to become a Rakan and start generating additional income like Azuwan