Amanah Ikhtiar Malaysia (AIM) is
Malaysia
Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two r ...
's largest
microcredit
:''This article is specific to small loans, often provided in a pooled manner. For direct payments to individuals for specific projects, see Micropatronage. For financial services to the poor, see Microfinance. For small payments, see Micropayme ...
organization. Since its inception in 1987, it has disbursed more than RM2.3 billion in
loan
In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, etc. The recipient (i.e., the borrower) incurs a debt and is usually liable to pay interest on that d ...
s to 262,000 borrowers.
AIM claims to have the world's highest repayment rate, at 99.2%.
The
Asian Institute of Finance
The Asian Institute of Finance Berhad (AIF) is a nonprofit organisation in Malaysia. Its main purpose is to enhance human capital development and talent management across the Asian financial services industry. AIF's headquarters is located in Kua ...
has produced a case study on AIM detailing its achievements since 1987 inception.
References
External links
AIM Website* http://www.grameen-info.org/
1987 establishments in Malaysia
Microfinance organizations
Privately held companies of Malaysia
{{Malaysia-company-stub