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Akhuwat's Journey

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AKHUWAT TIMELINE

2001
AKHUWAT AS AN IDEA
  1. Feb – Akhuwat’s Inception
  2. 26th March – Operations Commence
  3. April – disbursed first 2 loans of amount Rs. 10,000.
2003
AKHUWAT REGISTRATION
  1. May – Akhuwat’s Registration got registered under the Societies Act as a Not for Profit Organisation.
  2. December – Borrowers Tea Parties at Governor’s House – 500 borrowers hosted.
2004
PAKISTANI PRESIDENT AT EVENT
  1. Fundraising and loan disbursement event held at Governor’s House presided over by the president of Pakistan.
2005
WOMEN EMPOWERMENT DASHBOARD LAUNCHED
  1. Akhuwat provided 1100 loans to women in Aiwan – e – Iqbal where Lt. Gen. Ret. Khalid Maqbool was chief guest.
  2. November: 600 Women Empowerment loans. 
  3. Prominent figures invited to join Akhuwat as lifelong supporters.
2006
MILESTONES REACHED ON SOCIAL DASHBOARD
  1. April: Akhuwat was represented at International Microfinance Event (Morocco).
  2. July: Membership - Pakistan Microfinance Network.
  3. August: First branch launched - Lahore (Dijkot, District Faisalabad).
  4. September: First branch launched in South Punjab (Jahanian, Khanewal District).
  5. September: Membership - Pakistan Centre for Philanthropy.
2007
ESTABLISHMENT OF AKHUWAT HEAD OFFICE
  1. Operational Inauguration in Sindh.
2008
ENTREPRENEURSHIP AWARD
  1. Member Donor Programme commenced.
2009
MEMBERSHIP FEE ABOLISHED
  1. This helped increase access to our interest-free loans to more underprivileged communities.
2010
REGISTRATION IN UNITED KINGDOM
  1. 10th June – United Kingdom Government Registration.
  2. 18th Novermber – 50th branch opened in Nowshera.
  3. Loan Disbursement Event in honour of Italian Government. Event graced by His Excellency Vicenzo Prati.
  4. Loans dispersed to 4,000 borrowers.
2011
ONE BILLION DISBURSEMENT
  1. March: PKR 1 Billion in loans disbursed to 90,000 families.
  2. 3000 families received loans Mosque Data Ganj Baksh (RA) . Event graced by Chief Minister of Punjab. Partnership with the Government of the Punjab launched.
  3. Inauguration Ceremony – Loan Disbursement in collaboration with Chief Minister-Self Employment Scheme. Chief Minister of Punjab in attendance (Hazrat Shah Jamal Darbar, Lahore).
2012
ISLAMIC MICROFINANCE FORUM
  1. 22nd March: Muhammad Amjad Saqib delivers lecture at Harvard University.
  2. March-April: Whirlwind tour of US introducing Akhuwat.
  3. Anti-Poverty Vigil at Main Canal Road.
  4. Mega Disbursement Ceremony in Rawalpindi.
  5. Mega Disbursement Ceremony - Chief Minister’s Self-Employment Scheme (Al-Hamra Art Cultural Complex, Lahore).
  6. Attended Islamic Microfinance Forum in Dubai on 08th.
2013
3RD GLOBAL ISLAMIC MICROFINANCE FORUM
  1. 25 August: CMSES Mega Disbursement Ceremony (Faisalabad).
  2. 26 September: Mega Loan Disbursement Ceremony (Community Center, Islamabad).
  3. 12 October: “Akhuwat Ka Safar” book launched at Al-Hamra Arts Council.
  4. Akhuwat board members deliver lecture: ‘Microfinance in Pakistan’ at:
    - Oxford University Pakistan Society
    - Kings College
    - Manchester University
    - School of Oriental and African Studies (SOAS)
    - Cambridge University and other educational institutions
  5. October: 3rd Global Islamic Microfinance Forum.
  6. Christmas Cake Cutting Ceremony hosted at Cantt Church.
  7. 12 December:“I am the Change” Award received.
2014
FUNDRAISING DINNERS
  1. 30 January: “Akhuwat Ka Safar” book launched in Dubai.
  2. 27th of February-13th of March: Akhuwat Fundraising Dinners on USA tour.
  3. April: Grand Disbursement Ceremony of CMSES with Chief Minister of Punjab as Guest of Honour.
  4. Annual Dinner at the Governor’s House, Lahore.
  5. May: Akhuwat Clothes Bank inaugurated at Akhuwat Head Office.
  6. 18 July: Iftar Dinner in Dubai.
  7. Interfaith Harmony Event - St. Anthony’s High School (Youhanabad).
  8. 29th October: Ethical Finance Innovation Challenge Award received.
  9. November: Head Office opened by Mr. Shoaib Sultan Khan.
2015
INAUGURATION OF AKHUWAT COLLEGE
  1. April: CMSES Programme at Al Hamra Open Theater.
  2. Akhuwat Ishtarak Project Disbursement at Rehmat Hospital including IDB.
  3. May: Free Gift Shop opened at Akhuwat Head Office.
  4. Christmas Celebration at Saint Anthony’s School.
  5. Grand Clothes Disbursement Ceremony at Head Office.
  6. Attended Two Day Conference “Levering Qarz-a-Hasan to Alleviate Poverty” (UCP).
  7. 15 November: FIRST inaugurated
  8. Disbursement with Pakistan Cricket Team at Akhuwat-Begum Trust Branch, Jamia Masjid Sadar Bazar, Lahore Cantt.
  9. Akhuwat Clothes Bank Vigil at Liberty Chowk.
  10. 07 October: Akhuwat College inaugurated in Lahore.
  11. BISP Disbursement at Mian Meer Darbar, Lahore.
2016
AKHUWAT’S 500TH BRANCH OPENED
  1. January: Mega Disbursement CMSES – Badshahi Mosque, Lahore.
  2. January: Push Cart Project inaugurated in Lahore.
  3. February: Launch of Community Policing Project with Punjab Police at Head Office.
  4. March: Akhuwat College 1st Annual Dinner.
  5. March: Attended International Conference on Biotechnology.
  6. 17 April: Akhuwat’s 500th branch was opened at Masjid Wazir Khan, Lahore.
  7. World Book Day celebrated in collaboration with SOS Children’s Village.
  8. Attended 6th Global Islamic Microfinance Forum in Nairobi, Kenya.
  9. Akhuwat College hosted 2nd Annual Dinner.
  10. December: Christmas Celebration at Central Cathedral.
2017
DR. AMJAD SAQIB SPEAKS AT UNITED NATIONS
  1. April: Dr Amjad Saqib delivers lecture at United Nations.
  2. June: Dr Saqib presented “Akhuwat ka Safar” in the United Kingdom (Birmingham, Oxford, Cambridge and London).
  3. Attended Panel Discussion: “An Interaction with Donor and Funding Agencies” in Cambodia.
  4. Registered as a legal entity in Uganda, Africa.
  5. Attended 30th RCCI Awards in Turkey.
  6. Dr Amjad Saqib introduced Akhuwat ka Safar at Independence Day event in Sweden.
  7. 30th December: 705 Micro-Finance Branches in total.
2018
ANOTHER MILESTONE
  1. MoU Signing Ceremony between Akhuwat and Ali Akbar Group – Ali Akbar Group to provide technical assistance and discounts on its products to Akhuwat beneficiaries (facilitating tools and technology access to beneficiary farmers).
  2. PKRs 50 billion disbursed – Mehfil-e-Tilawat-e-Quran and beautiful Quran recital by Qari Sadaqat Ali celebrate Akhuwat’s spectacular achievement. Mian Muhammad Rafique Rajwana, Governor of the Punjab attended.
  3. Akhuwat Sindh – disbursed more than PKRs billion with 100% recovery rate. Loans disbursed to 45,000 families.
  4. Abdul Rehman Arif – a student of Akhuwat College Lahore granted fully funded merit scholarship at Sukkur IBA University to study Electrical Engineering.
  5. Mega Loan Disbursement Ceremony at Badshahi Mosque: 25,000 Families received loans Under CM’s Self-Employment Scheme, benefiting 1.85 million households.
  6. Azmat Pakistan Foundation Tribute Ceremony.
  7. Mehfil-e-Tilawat-e-Quran-e-Pak held in Faisalabad, on achieving PKR 50 Billion disbursement among the marginalised fellow citizens.
  8. 17-year anniversary celebration at Governor’s House, Lahore. Its seventeen years of phenomenal success.
  9. “Islamic Economic Award” presented by Islamic Economic Organisation (in collaboration with Istanbul University).
  10. Highest Compliments for the citizens of “Shahar a Iqbal” – PKR 35 million raised for Akhuwat University - Dinner hosted by Deputy Commissioner Sialkot
  11. Akhuwat honours Sardar Ramesh Singh Arora and Amin Hafeez
  12. Dr Amjad Saqib shares The Story Of Akhuwat at Al Banush Club, Messaied Industrial City Community, Qatar.
  13. 127 new families granted interest-free loans and clothing gifts in Chitral. .
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About Us

Akhuwat provides collateral- and interest-free loans to underprivileged families so they can help themselves out of poverty. With one of the highest loan return rates in the world, Akhuwat continues to transform lives one loan at a time. Akhuwat is registered in the UK with the charities commission (registered charity number 1136317)

Contact Us

Akhuwat UK 540 Valence Avenue DAGENHAM RM8 3QH Phone No: 0300 365 9292 Email:Donations@akhuwatuk.org

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