Here are the possible meanings depending on what the speaker intended to say:
1. "My beloved friend": This is the most likely intended meaning. The speaker is expressing a deep affection for their friend. The correct way to say this in French would be "Mon ami aimé" or "Mon cher ami."
2. "My friend who loves": This is a less likely interpretation, but it could mean that the speaker is referring to a friend who has a romantic interest in someone else. The correct way to say this would be "Mon ami qui aime."
3. "My friend who is loved": This is another less likely interpretation, but it could mean that the speaker is referring to a friend who is the object of someone else's affection. The correct way to say this would be "Mon ami qui est aimé."
It's important to remember that language is always evolving, and sometimes people use phrases that are not grammatically correct but are understood by the people they are speaking to. However, in this case, it is more likely that the speaker made a mistake.