ANNOUNCEMENT: The final merit list for Intermediate students at Akhuwat College, Kasur is out now. ANNOUNCEMENT: The final merit list for Intermediate students at Akhuwat College, Kasur is out now. ANNOUNCEMENT: The final merit list for Intermediate students at Akhuwat College, Kasur is out now.

Current as of June 21, 2024

Akhuwat Cookie Policy

This website uses cookies. By using this website and agreeing to this policy, you consent to Akhuwat’s use of cookies under the terms outlined below.

About Cookies

Cookies are small text files sent and stored by web browsers on your device. The information is then sent back to the server each time the browser requests a page from the server, allowing the server to identify and track web browsers.

There are different types of cookies: session cookies, persistent cookies, first-party cookies, functionality cookies, performance cookies, and third-party cookies. Session cookies are deleted from your computer when you close your browser, whereas persistent cookies remain stored on your computer until deleted or until they reach their expiry date. Performance cookies allow us to monitor visits and traffic sources to improve our website`s performance, while functionality cookies enable the website to provide enhanced functionality and personalization.

Trademark

Akhuwat uses the following cookies on this website for the following purposes:

Google Cookies

Akhuwat uses Google Analytics to analyze the use of this website. Google Analytics generates statistical and other information about website use through cookies stored on users’ browsers. The information generated is used to create reports about website usage. Google will store and use this information through its privacy policy, which is available in Google`s Cookie Policy.

Third-Party Cookies

Recent developments have changed how third-party cookies are managed. You can now manage third-party cookies on different devices. For more details, visit Google Privacy Tools. Some or all of these cookies or similar technologies may be stored in your browser, app, or device. You can also manage cookies through your browser settings, though the options available may vary depending on the browser or device you are using.

Our Work

Akhuwat Islamic Microfinance (AIM) has been the cornerstone of our efforts since its launch in 2001. To date, it has disbursed more than PKR 230 billion in interest-free loans to 4 million families across Pakistan. Beyond microfinance, Akhuwat also works in the field of education under the umbrella of Akhuwat Education Services (AES). With a network of schools and colleges, Akhuwat ensures that children from underserved communities have access to quality education. Other projects include Akhuwat Clothes Bank (ACB), Akhuwat Khwajasira Support Program (AKSP), Akhuwat Relief and Disaster Management Program (ARDM) and Akhuwat Community Development Program. All of Akhuwat’s initiatives work with the common objective of creating a poverty-free and prosperous society.

Akhuwat’s Impact in Numbers

DISBURSED IN INTEREST-FREE LOANS
300 .0BPKR
RECOVERY RATE
90 %PKR
DISBURSED IN INTEREST-FREE LOANS
250 .0BPKR
ACTIVE LOANS
565 KPKR
CITIES
390 +PKR
TOTAL NO. OF LOANS
5.8 PKR

Our Story

Before establishing Akhuwat, Dr. Saqib served in the Civil Services of Pakistan in the District Management Group (DMG). He also served as the General Manager of the Punjab Rural Support Program (PRSP). He had witnessed the devastating impact of poverty which encouraged him to dedicate his life to alleviating the suffering of the poor. One of Akhuwat’s initial loans was granted to a widow from Rasool Park where she was presented with Rs. 10,000 (USD 200 at the time) in the form of an interest-free loan. She bought herself two new sewing machines with this amount, earned a decent living, sent her children to school, and married her daughters in a simple wedding ceremony. She returned after 6 months to return the loan along with a request to give this money to someone else in need.

For the first eighteen months, Akhuwat didn’t have a proper office and was managed from a small cabin within the premises of PRSP. However, Mawakhat, the spirit of solidarity, and the commitment of the Akhuwat team persevered. More than two decades later, Akhuwat has disbursed more than PKR 230+ billion and opened offices in 350+ cities in Pakistan. Akhuwat has also spread its roots to other areas of life, such as education, healthcare, community development, and post-disaster rehabilitation.

Call Now Button