Akhuwat USA, established in 2011 by a group of dedicated social entrepreneurs with the objective of reducing poverty through interest free microcredit, capacity building, and social guidance. It is affiliated with and supports AKHUWAT, which was started in 2001 with US $100 and today has over 700 branches in 350 cities of Pakistan with current micro loan portfolio of over US $110m active loans and recovery rate is 99.97%. It’s different and unique model is being taught as a case study at a US and a UK university and it has its affiliated branch in UK as well.
A poverty free society built on the principles of compassion and equity.
To alleviate poverty by empowering socially and economically marginalized families through interest free micro-finance and by harnessing entrepreneurial potential, capacity building and social guidance.
Akhuwat provides the economically poor with interest free loans so that they may acquire a self-sustaining livelihood.
It also provides the skills, professional guidance and support they need to actualize their full potential and abilities.
PURPOSE OF FUNDRAISING
The funds collected for Akhuwat USA are used solely for the purpose of disbursing interest-free loans to the unprivileged in Pakistan.
We believe that access to capital is a much-needed step towards poverty alleviation in Pakistan. And for that purpose, we make sure that we foster financial inclusion wherever it is needed. We are also trying to raise funds for our upcoming project, Akhuwat University, that will provide state-of-the-art but affordable education to the poor.
Self reliance, sustainability, growth and sharing is AKHUWAT
This documentary highlights how Akhuwat has helped scores of families to attain self respect in the society.