Since starting in 2001, Akhuwat has helped almost 5 million families by providing interest-free loans so they can invest in their businesses, farms, homes, healthcare, their children’s education, or to free themselves from crippling debt. In total, we have provided 140 billion PKR (Pakistani Rupees) in micro-loans. That’s almost £20 million!
These loans empower people who would not normally qualify for conventional banking loans. We base our loans on the principle of providing a hand-up, so people can help themselves; not a handout, which can be quite limiting. In this way, our loan recipients are empowered and can strive towards self-realisation and independence.
At 99%, our repayment rate is the highest in the world. Paid-off loans are re-invested and loaned out again and again. Borrowers become lenders and donors! This means that your initial Sadaqah or Zakat donation becomes recyclable for perhaps, perpetuity, making this a truly sustainable aid model.
Will you join us by donating your to Akhuwat? Together, we’ll make a positive impact on alleviating poverty, through compassion and our interest-free micro-lending.
Read more about our work and donate here.