Akhuwat

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Akhuwat is dedicated to improving the lives of the poor; those who are financially abused, abandoned and disregarded by society. As a registered non-governmental organization, Akhuwat provides the poor with interest-free loans so that they may acquire a livelihood, skills and support they need to reach their full potential. To this end, Akhuwat raises its funds from Civil Society. It does not depend on international funding; instead it uses the spirit of volunteerism and the tradition of giving, a cardinal principle of all religions. Akhuwat derives inspiration from the Muslim spirit of Mawakhat or Brotherhood. The earliest example of Mawakhat was first displayed by the citizens of Madina at the dawn of Islam, when they shared their wealth with the muhajirin of Mecca. Akhuwat’s philosophy is based on the principle of Qarze-e-Hasna, helping someone in need with interest-free loans, which is favored over charity. From a first loan of Rs. 10,000, Akhuwat’s total disbursement has now reached Rs. 86 Billion in just 18 years, benefiting more than 3 Million families. Support Akhuwat by visiting https://donate.akhuwat.org.pk

Company Details

Employees
1.34K
Founded
-
Address
19 Civic Center, Sector A2, Township, Lahore., Lahore,punjab 5400,pakistan
Phone
4235122743
Email
in****@****.org.pk
Industry
Financial Services
NAICS
Finance and Insurance
Monetary Authorities-Central Bank
HQ
Lahore, Punjab
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Akhuwat helps transform lives through compassionate microfinance & free education - Qatar Tribune

Akhuwat helps transform lives through compassionate microfinance & free education Qatar Tribune

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Trapped by the Lack of Control Over Savings: Evidence From Pakistan Frontiers

How Akhuwat impacts lives through the miracle of interest-free microfinance - Profit by Pakistan Today

How Akhuwat impacts lives through the miracle of interest-free microfinance Profit by Pakistan Today

Loan disbursement surpasses 51,900 families in 6 months, says PHATA DG - Associated Press of Pakistan

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Akhuwat Home Loan Scheme 2022 – Online Application Guide Dispatch News Desk - DND

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CM Balochistan to launch Qarz e Hasna Scheme for needy families INCPak

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Apply for Ehsaas Interest Free Loan Program Dispatch News Desk - DND

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