Akhuwat

Financial ServicesPunjab, Pakistan1001-5000 Employees

Akhuwat is a registered non-governmental organization in the financial services sector, headquartered in Lahore, Pakistan. It offers interest-free microfinance loans to the poor to help them acquire livelihoods, develop skills, and access the support they need to improve their lives. The organization raises funds from civil society and relies on volunteerism and the tradition of giving, rather than international funding. Its philosophy draws on Mawakhat (brotherhood) and Qarze-e-Hasna, emphasizing interest-free lending over charitable aid. Since its first loan of Rs 10,000, Akhuwat has disbursed about Rs 86 billion and benefited more than 3 million families over roughly 18 years, and it employs between 1,001 and 5,000 people.

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