#scholorship #scholarship2023 #newupdate
Akhuwat brings scholorships for all pakistan students, who are capable and talented. Every student can apply. All the details are given in this video.
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About Akhuwat Foundation:
Organization with an aim to alleviate poverty by educating the underprivileged. Akhuwat’s total disbursement has now reached to PKR 180 Billion by serving more than 4.3 Million underprivileged Families, Alhamdulillah. From a modest philanthropic initiative, the continued support from the civil society has allowed Akhuwat to expand into a network of 800 branches in over 350 cities and towns across the country - Akhuwat's loan recovery rate is above 99.94%.
To fulfill our dream of a poverty-free society, Education is the next step. With an utmost faith in humanity, we believe “if we can offer micro finance services without charging interest, we can also provide education free of cost”.
Akhuwat Foundation is a nonprofit organization based in the country of Pakistan that provides interest-free loans to individuals who are unable to access formal financial services. It was founded in 2003 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 3 branches across 1,500 cities in Pakistan.
Programs Running:
Akhuwat Islamic Microfinance (AIM)
Akhuwat Education Services (AES)
Akhuwat Health Services (AHS)
Akhuwat bank loan scheme 2023
Akhuwat loan online apply
And many more...
History
Akhuwat has disbursed 4.5 million interest-free loans (Qarz-e-Hasna) amounting to PKR 128 Billion (US$798 million) to over 3 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.The organization's mission is to alleviate poverty by providing interest-free microfinance.
To cater to the multidimensional issue of poverty, Akhuwat has branched out into the field of education, health, providing clothes to the underprivileged, and support to the transgender community.
Akhuwat is registered as a legal entity in United States, UK, Canada and Sweden. Additionally, it has initiated engagement with organizations in Nigeria, Uganda and Afghanistan for global replication and expansion.