Akhuwat

Akhuwat is a non-profit and non-governmental organization working for poverty alleviation in Pakistan. Through its core programme of interest-free microfinance, Akhuwat has disbursed $600 million in loans among the poor, 98% of which have been used to launch or expand small businesses. By leveraging philanthropy and volunteerism, partnerships with government, and a low-cost delivery model, it is pioneering a new financially sustainable approach to microfinance. It has repayment rates of almost 100% and has served 2.5 million low-income families through interest-free microfinance. Based on the spirit of solidarity with the poor, Akhuwat is currently world’s largest interest free microfinance programme.