Microfinance in Malaysia – time to rebuild, 2002
This is an account of recent developments in the major microfinance institution in Malaysia, AIM, which is the oldest and one of the largest Grameen Bank replications in Asia.
Following unfavourable publicity given Grameen bank itself in late 2001 in the Wall Street Journal, AIM’s current problems are not good news for the many supporters of the Grameen model.
The need is of particular importance on loan portfolio quality. The experience of Amanah Ikhtiar Malaysia (AIM) over recent years appears to bear out this need.