Akhuwat loans
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Akhuwat does not currently offer an option to apply for a Qard‑e‑Hasan (interest‑free) loan fully online. To initiate the application process, you’ll need to visit an Akhuwat branch in person.
1. Check Your Eligibilities
You must:
Be economically active and have a viable business plan or reason for the loan.
Provide two guarantors (for individual loans) or form a group of 3–6 members (for group loans), who are not close relatives.
Live within about 2–2.5 km of an Akhuwat branch.
Have a clear social profile (no criminal record, good community standing).
2. Gather Required Documents
Bring to the branch:
Recent utility bill for address verification.
Recent photograph.
Copy of Nikahnama (if applicable). Additional documents may be requested depending on the loan type.
3. Visit Your Nearest Branch
Submit your application form and required documents.
Unit Manager conducts a social appraisal (home/community visit) and business appraisal.
Branch manager reviews your case, followed by approval from the Loan Approval Committee.
4. Fund Disbursement
Once approved (typically within 3–4 weeks), disbursement happens at a mosque or community center.
Loans are disbursed via cash-over-counter or bank transfer. You’ll also receive social guidance on finance and ethical principles.
Want to Prepare Before Visiting?
Read up on products and process online:
Overview of loan types & fee structure: “Loan Products” on Akhuwat’s website
Detailed process breakdown here: “Loan Process” page
📍 Next Steps
1. Find your nearest branch: Contact their main desk at 042‑111‑448‑464 or use their Branch Network link.
2. Gather documents and prepare your business plan.
3. Visit in person to submit your application.
🎥 Helpful Video Walkthrough
This YouTube video explains the steps in plain language and visual detail, perfect if you want to see the on-the-ground process before you go:
Summary
Although you can’t apply entirely online, you can:
Prepare ahead by understanding the process, eligibility criteria, and required paperwork from their website.
Drop by your nearest Akhuwat branch with your documents.
After social & business appraisal, attend disbursement event and attend monthly repayment sessions.
Let me know if you'd like help locating the branch nearest to you in Lahore or preparing required documents!
What Is Akhuwat’s Interest‑Free Loan?
100% interest‑free microfinance (Qard‑e‑Hasan) — borrowers repay only the principal amount, with no profit, markup, or interest charges .
Operates on donations and community trust, without requiring collateral .
To date, over 6 million families have benefited, with PKR 220 billion+ disbursed and a repayment rate of around 99.9% .
📦 Loan Types Offered
Akhuwat provides several tailored loan categories to support diverse needs:
Business (Family Enterprise) Loan: PKR 10,000–650,000; ideal for micro‑entrepreneurs and small businesses turn0search6turn0search13.
Loan Application Methods
1. In-Person (Official Akhuwat Model)
This remains the core method aligned with their mission:
Visit your nearest Akhuwat center or community branch (often at mosques or local centres) with your documents.
Akhuwat staff will:
1. Accept your completed application form.
2. Conduct social appraisal (home/community background check).
3. Conduct business appraisal (if relevant).
4. Review by Branch Manager and Loan Approval Committee, leading to approval. Total time: ~3–4 weeks.
5. Official Online Application (Limited Availability)
Some official channels now support an initial online form:
Visit Akhuwat’s official loan portal provided on their official website.
Steps:
1. Fill application with name, CNIC, loan type, income, and purpose.
2. Upload CNIC scan, income proof, utility bill, and guarantor details.
3. Submit and await contact for further verification (via phone or in-person visit).
4. If approved, funds disbursed through bank deposit or cash. Approval typically in 1–3 weeks.
⚠️ Important Note: Most online portals offering instant approval or requiring WhatsApp payment are fraudulent and not affiliated with Akhuwat. Real Akhuwat branches never ask for file fees via WhatsApp or guarantee same-day approval.
📋 Loan Types & Amounts
Akhuwat’s interest-free loans support multiple needs:
Business / Family Enterprise: PKR 10,000–650,000
Education, Marriage, Liberation (debt relief), Emergency Health, Agricultural, and Housing loans — up to PKR 500,000 depending on program.
✅ Eligibility Criteria
Pakistani citizen with valid CNIC, aged 18–62.
From a low-income household with economic activity.
Able to provide either:
Two non-related guarantors (individual loan), or
Be part of a group of 3–6 members for group lending.
Reside within ~2–2.5 km of an Akhuwat centre.
📄 Required Documents
CNIC copies (applicant + guarantor(s))
Utility bill or address proof
Income proof (salary slip, bank record, or business income)
Recent passport-size photo
Business plan or education proposal, if applying for those categories
📅 Approval & Disbursement
In-person process typically: 3–4 weeks from application to disbursement.
Online route (where available): may take 1–3 weeks depending on verification steps.
Disbursement often occurs in held community events (e.g., at mosques or churches) after approval.
💰 Fees & Costs
No interest or hidden fees—only repay the principal amount.
Some programs may include a small nominal service/registration fee, but transparent and not considered interest.
⚠️ Avoid Scams
Numerous fraudulent websites and WhatsApp-based agents falsely use the name “Akhuwat” to collect fee upfront, often promising near-instant approval. These are scams.
Affected users reported these scams requesting thousands for fake certificates within a day. As one Redditor noted:
“Scam. That's not how Akhuwat works.”
🧭 Summary
Step Description
1. Choose Loan Type Business, Education, Housing, Marriage, Health, Agriculture, etc.
2. Prepare Documents CNICs, utility bill, income proof, photo, guarantors, and plan if needed
3. Apply Official online portal.
Key Features of Akhuwat Loans (Karza):
Feature Description
Type Qarz-e-Hasna (interest-free microfinance)
Loan Amount PKR 10,000 to PKR 150,000 (varies by program)
Tenure 10 months to 3 years (depending on loan type)
Service Charges None (fully interest-free)
Collateral No formal collateral required
Islamic Principles Based on Islamic values of brotherhood and mutual support
🔹 Types of Akhuwat Loans
1. Family Enterprise Loan
For small businesses or startups
Up to PKR 150,000
2. Agriculture Loan
For farmers (seeds, fertilizers, tools)
Seasonal repayment options
3. Liberation Loan
For people trapped in debt from private moneylenders
4. Education Loan
For university or technical/vocational education
5. Health Loan
For medical emergencies or treatment
6. Housing Loan
For construction or repair of homes
Requires special eligibility
🔹 How to Apply for Akhuwat Loan
1. Visit nearest Akhuwat branch (often in mosques/churches).
2. Submit:
CNIC copy
Recent photographs
Utility bills (if required)
Business plan or reason for the loan
3. Community visit/verification by Akhuwat team
4. Attend loan briefing session
5. Loan is disbursed in a public setting (usually mosque/church)
🔹 Eligibility Criteria
Resident of the area
Age: 18 to 62 years
Economically active poor
No criminal record
Willing to repay and attend community meetings
Major Initiatives:
1. Interest-Free Microfinance
Offers small, collateral-free loans to poor families to start or expand businesses.
Borrowers are encouraged to repay in manageable installments.
2. Akhuwat Clothes Bank
Collects gently used clothes and redistributes them to people in need with dignity.
3. Akhuwat Health Services
Provides low-cost or free healthcare in underserved areas.
4. Akhuwat Education Services
Runs schools and colleges, including Akhuwat College University, to provide quality education to underprivileged youth.
5. Akhuwat Transgender Support Program
Offers financial and social support to members of the transgender community.
Achievements:
Disbursed over PKR 160 billion (~$900+ million) in loans
Benefited 5+ million families
Operates in all districts of Pakistan
Recognized globally for its replication of Islamic microfinance as a tool for social uplift.
Would you like to know:
How to apply for a loan?
How it compares to other microfinance institutions?
Or details about a specific program (education, health, etc.)?
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