Akhuwat |
AKHUWAT FOUNDATION
Foundation of the
vision of poverty free society by giving people loan instead of charity, the
loan of purely interest free, under supervision of Muhammad Amjad Sajid.
They started their
journey gave of ten thousand loan to a widow. After six month she returned the
loan. The success of first loan brought in more donations, after ten years
foundation disbursed more than two billion with the recovery rate of 98.85%.
The name of Akhuwat drives
from Mwakhaat means brotherhood the earliest example of which has been seen in
the fraternity formed by the Ansar and Muhajereen in Medina city.
This foundation now
starting their own College and University in different cities of Pakistan. In Akhuwat
University they teach skillful knowledge to youth that can they start their own
business and can do their own self help. And Akhuwat College gives the quality
education to the poor and needy students under different scholarship programs.
Now a day Akhuwat
Foundation has 802 branches in more than 200 cities and town. It have 7045
volunteers worker. More than 90 thousand donor and three hundred and twenty
nine million people were benefits. It used religious place for distribute loan,
such as Mosque.
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