Akhuwat Loan Personal Loan Islamic Micro Finance For Male/Female
Eligibility Criteria for Loans
- Following general points are compulsory for eligibility of loan:
- Applicant should have valid CNIC.
- Having the ability to run / initiate business activity having age between 18-62 years.
- Applicant should be economically active.
- Applicant should not be convicted of any criminal offence in lieu of which proceeding are in progress.
- Applicant should have good social and moral character in his community.
- Applicant should have capacity to provide two guarantors other than family members.
- Applicant should be resident of operational area of branch office which might be around 2-2.5 KM radius.
- Note: – Project specific eligibility criteria may be varied.
Documents
- Copies of CNIC
- Latest Utility Bills
- Latest Photos
- Copy of Nikahnama
Personal Loan Akhuwat Islamic Micro Finance | Male/Female | Gujranwala Pakistan World Say Online
Established in 2001 by a group of people who were determined to put into wheels a humanitarian initiative for those whose lives were afflicted by poverty and suffering, Akhuwat has lucratively climbed up the ladder in fulfilling the aforementioned noble cause. So far, Akhuwat’s success is an impeccable blend of team’s determination and the support of its donors.
A truly grassroots initiative, a spate of drastically increasing poverty rate in Pakistan provided the impetus for Akhuwat to commence its operations as an Interest Free Microfinance Institution. Despite the resource limitation, the determination and devotion was such that Akhuwat loan disbursement amount multiplied radically in an utterly short span of time.
Characterized by its involvement with and its ability to inspire, mobilize and motivate people, Akhuwat has diverged its philosophical compass globally as well. Akhuwat remains a youth led and youth driven organization with experienced and dedicated leaders in the field of societal development, poverty eradication and education work at its helm.
Since its establishment, Akhuwat has maintained its grassroots and community-led ethos allowing it to engage with and engage the services of, the Pakistani community so as to make a difference to the lives of those in need.
Akhuwat Islamic microfinance (AIM) is a company set up under “Section 42 of the Companies Ordinance 1984” with the objective of providing interest-free microfinance to the impoverished and underprivileged members of the society so as to enhance their standards of living and enable them to improve their livelihoods. Drawing on the principles of social justice and brotherhood, AIM strives to alleviate poverty by creating a system based on mutual support in society.
Akhuwat Address In Map
