Akhuwat USA provides interest-free loans to help the underprivileged earn their own self-sustainable livelihoods and bring them out of charity. A loan of $200 can fund a business and change someone's life for the better.
Akhuwat gave its first loan of $100 USD to a widow who was striving to earn a decent living through honorable means. She wasn’t looking for charity; she was only seeking a helping hand. By utilizing and returning that loan within a period of six months, she reinforced the belief that when we help the poor with trust and respect, they exhibit unshakable integrity.
The success of that first loan brought in more donations, and that group of friends became convinced that their venture into interest-free microfinance was viable. And so, Akhuwat was born, with these friends forming the first Board of Governors and Dr. Amjad Saqib serving as the first Executive Director.
This marked the beginning of a new chapter in microfinance, one that found its inspiration not only in economic logic, but in the spirit of compassion and generosity.
Can’t donate? Please share. Even a quick share on Facebook can help.
The average share raises $97.