In 2001, a gaggle of close friends arrived up with the idea for Akhuwat in the Lahore Gymkhana. They were being essential of microfinance packages that aimed to alleviate poverty but charged exorbitant interest rates. the concept of initiating An effective curiosity-totally free microfinance program was brought forth to be a obstacle, Whilst at tha

The achievements of that very first loan introduced in more donations, Which team of mates turned certain that their venture into fascination-free of charge microfinance was practical. And so, Akhuwat was born, with these pals forming the first Board of Governors and Dr. After Preliminary appraisal by the unit manager, the applying will likely be