Akhuwat officially began operations on the 26th of March 2001. In early April, of the same year, two more loans of 10,000 Pakistani Rupees were given out. From then on, we’ve seen the ever growing success of our Islamic Microfinance programme through the lives we’ve helped to improve.
We’ve provided a staggering five million loans, since our inception, totalling 155 billion Pakistani Rupees. To date we’ve enjoyed a total loan recovery of 99%. This is the highest loan return rate in the world!
At Akhuwat, Islamic microfinance is our core programme. But to tackle poverty on all fronts, we also run other development programmes. These include:
- Support for marginalised people -Khwajasira
- Medical aid
- Clothes bank