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Amanah Ikhtiar Malaysia (AIM)

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Amanah Ikhtiar Malaysia (AIM)

AIM Initiative Financing Scheme

Objective : To reduce the poverty rate in Malaysia by providing financing to poor household to enable them to undertake viable economic activity to upgrade their household income.
Maximum tenure : 25 weeks to 6 months
Maximum financing : RM20,000
Participating financial institutions / Implementing Ministry / Agency : AIM
Eligibility criteria :
  • Household income below the following Current Government Poverty line:
    • West Malaysia: RM661 per month (RM152 per capita)
    • Sarawak state: RM765 per month (RM167 per capita)
    • Sabah state: RM888 per month (RM173 per capita)
  • The participant to set up a group consisting of 5 members of the same gender,   responsible and committed to the programme and members are not close relatives
  • The participant must attend compulsory short course. Upon passing the special test, the member is required to attend the weekly Central Meeting that comprised of 2 to 8 groups of AIM members
Purpose of financing : Working capital
Eligible sector / Types of financing : All economic activities
Application procedure : Applicant to liaise with AIM
Contact : Amanah Ikhtiar Malaysia (AIM)
No. 2&4, Jalan Medan Setia 2
Plaza Damansara, Bukit Damansara
50490 Kuala Lumpur
Tel: 03-2094 0797
Fax: 03-2095 1889
Website: www.aim.gov.my

 

 
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