Akhuwat Foundation is a nonprofit organization based in Pakistan that works to create a poverty-free society. It was founded in 2001 by Dr. Muhammad Amjad Saqib who is the Executive Director of the organization. Akhuwat's head office is located in Lahore and it has over 800 branches across 400 cities in Pakistan.
Akhuwat has disbursed around 5 million interest-free loans (Qarz-e-Hasan) amounting to over PKR 200 Billion (US$1 Billion) to over 5 million families across Pakistan. By using interest-free microfinance as a tool for poverty alleviation, Akhuwat helps its beneficiaries to become socially and financially included members of Pakistan's society.
To cater to the multidimensional issue of poverty, Akhuwat has branched out into the field of education, health, providing clothes to the underprivileged and free education up to the university level.
Akhuwat is registered as a legal entity in USA, UK, Canada and Sweden. Additionally, it has initiated engagement with organizations in Nigeria, Uganda and Afghanistan for global replication and expansion.
www.akhuwatuk.org
