The amount of loan you can get from Akhuwat Foundation depends on the type and purpose of the loan. Akhuwat provides interest-free loans ranging from PKR 50,000 to PKR 500,000 or more, depending on your financial need, business plan, and repayment capacity. For example, business loans are usually higher and can go up to PKR 500,000, while education loans, housing loans, and health-related loans may have different limits. The foundation evaluates each applicant through community visits and interviews to ensure transparency and responsibility. You must provide basic documentation, a guarantor, and a clear explanation of how you plan to use the loan. The goal of Akhuwat is not just to give money, but to uplift families by encouraging entrepreneurship, education, and self-reliance. Visit your nearest Akhuwat branch or apply through a local mosque-based center to know your eligibility and get started on the application process.
How can i get loan from Akhuwat Foundation
To obtain an interest-free loan from Akhuwat Foundation, follow these steps:
- Check Eligibility: Ensure you have a valid CNIC, are between 18–62 years old, economically active, and can provide two non-family guarantors. (Akhuwat Islamic Microfinance)
- Prepare Documents: Gather copies of your CNIC, guarantors’ CNICs, recent utility bills, passport-sized photos, and, if applicable, a copy of your Nikahnama. (Akhuwat Islamic Microfinance)
- Visit a Branch: Go to the nearest Akhuwat branch within your locality (typically within a 2–2.5 km radius) to submit your application. (Akhuwat Islamic Microfinance)
- Application Submission: Fill out the loan application form with assistance from Akhuwat staff. (akhuwatfoundationloan.com)
- Social Appraisal: A unit manager will visit your residence to assess your social and moral character through interviews with neighbors and community members. (Akhuwat Islamic Microfinance)
- Business Appraisal: if applying for a business loan, your business plan will be evaluated to determine its viability and potential for income generation. (Akhuwat Islamic Microfinance)
- Second Appraisal: The branch manager will conduct a second appraisal to verify the information collected during the initial assessments. (Akhuwat Islamic Microfinance)
- Loan Approval Committee (LAC): Your application will reviewed by the LAC, comprising the area manager, unit managers, and branch manager. (Akhuwat Islamic Microfinance)
- Loan Disbursement: Upon approval, loans typically disbursed during events held at mosques or churches. You may receive funds via Cash Over Counter (COC) at a designated bank or through direct bank transfer. (Akhuwat Islamic Microfinance)
- Repayment and Monitoring: Repayments are to made by the 7th of each month. Unit managers will monitor your progress and provide guidance as needed. (Akhuwat Islamic Microfinance)
The entire process usually takes 3 to 4 weeks. For more information or to find your nearest branch, visit the official Akhuwat website: (Akhuwat).(Akhuwat Islamic Microfinance)
Akhuwat loan apply
If you want to apply for an interest-free loan from Akhuwat Foundation, the process is easy and community-based. First, visit your nearest Akhuwat branch, which usually set up in local mosques or community centers. Ask for a loan application form and fill it out with your basic details, including the reason for the loan. You will need to provide a copy of your CNIC, two passport-size photographs, utility bills, and two guarantors (who cannot be family members).
After submitting your application, Akhuwat staff will conduct a home visit to verify your information and evaluate your need. If you are applying for a business loan, they will also assess your business idea. Once your application is approved by the Loan Approval Committee, you will be invited to a loan distribution ceremony, often held in a mosque.
The loan amount depends on the type of support you need—typically ranging from PKR 50,000 to 500,000. You will expected to repay in monthly installments, without any interest.
To get started, simply walk into your nearest Akhuwat office, or visit their official website for more information and guidance.
akhuwat foundation home loan
Akhuwat Foundation Home Loan is an interest-free housing support program designed to help underprivileged families in Pakistan build, renovate, or expand their homes. This initiative is part of Akhuwat’s mission to provide Qarz-e-Hasna (benevolent loans) based on Islamic principles. The loan amount typically ranges depending on the applicant’s need, affordability, and property type, with flexible repayment options.
To apply, visit your nearest Akhuwat branch and request a loan application. Submit your CNIC copy, proof of income, utility bills, and details about the housing project. A field officer will conduct a social and technical appraisal to assess your eligibility. Once approved, funds are disbursed during community ceremonies, often held in mosques, reflecting Akhuwat’s unique, trust-based model.
This home loan is part of Akhuwat’s broader housing initiative known as the Akhuwat Islamic Microfinance (AIM) program, which targets those who cannot access formal banking services.
For more details and updates:
This program offers hope to thousands of families dreaming of a safe and dignified home.