This article is 4 years old
Spotlight on Amanah Ikhtiar amid plan for private firm to repay Putrajaya's loans
Amanah Ikhtiar Malaysia (AIM) has long received international recognition for helping to uplift poor communities through microloans, but a plan that would fundamentally change its structure has put a spotlight on the trust that in recent years became involved in controversies.
AIM is a private trust but has received strong government support since its inception in 1987, with RM857.97 million in government loans channelled to it.
A representative from the Rural and Regional Development Ministry also sits on the board as an ex-officio member...
Verifying user
RM12.50 / month
- Unlimited access to award-winning journalism
- Comment and share your opinions on all our articles
- Gift interesting stories to your friends
- Tax deductable