Akhuwat
Financial Services - Lahore, Punjab, Pakistan
Akhuwat Details
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
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