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Akhuwat Foundation Personal Loan Scheme

Akhuwat Foundation Personal Loan Scheme


To provide interest-free microfinance services to poor families enabling them to become self-reliant.

To promote interest-free loans (Qarz-e-Hasana) as a viable model and a broad-based solution for poverty alleviation.

To provide social guidance, capacity building, and entrepreneurial training.

To transform beneficiaries of the Alkhidmat Mawakhat Program into future Donors.

To institutionalize the spirit of brotherhood.

To contribute towards the establishment of a socially responsible community through awareness, enrollment, and training.

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Unfortunately, Pakistan happens to be a developing country where a vast percentage of population is living a life below the poverty line and the public sector, as well as the private sector, is unable to provide a stable source of income for the people. In such an alarming condition, small businesses provide an effective alternative to the public for earning their livelihood. However, the provision of initial investment always remains a problem for the people of underprivileged background to start a new small business.  Also, despite their continuous struggle and efforts, the owners of these small businesses always find themselves struggling to further expand their businesses. 

Objectives

Providing interest-free microfinance services to poor families to enable them to become self-reliant.

Promotion of interest-free loans (Qarz-e-Hasana) as a viable model and broad-based solution to poverty alleviation.

Providing social mentoring, capacity building, and business training.

Converting beneficiaries of Al-Khidmat Muawiya program into future donors.

Institutionalizing the spirit of brotherhood.

Socially responsible community through awareness, enrollment, and training

To play a role in the establishment of

All City Check

Tharparkar
Khairpur
Ghotki
Kashmore
Hyderabad
Badin
Nawabshah
Mirpurkhas
Sukkur
Larkana
Sanghar
Tando Muhammad Khan
Naushero Feroze
Thatta
Haripur
Charsada
Malakand
Battagram
Peshawar
Bunir
Dir Lower
Gilgit
Karachi
Lahore
Wazirabad
Faisalabad
Multan
Bhawalpur
Gujrat
Islamabad
Rawalpindi
Mirpur AJK

Product introduction

Loan amount: up to PKR10000 To 60000

Loan period: 91 days to 365 days

Review time: 5 minutes to 30 minutes

Annual interest rate: 5%~26%

Product advantages

Simple process

Low interest rate

No collateral

Documents required for instant loan
National ID Card

Photo of holding CNIC

What qualifications are needed?

Pakistani residents over 18

Valid Pakistani ID
Have a stable source of income

Loan Steps
1. Download DuckLoan and register to log in.

2. Use 5 minutes to fill in personal information.

3. Upload the CNIC file.

4. Submit information and apply for a loan.

Trial calculation of loan fees
For example: if the loan amount is PKR5,000, the loan period is 91 days, and the annual interest rate is 24%, the total repayment amount is PKR5,299, and the interest payable is: PKR5,000 * 24% / 365 * 91 = PKR299.

CONTACT US
ADDRESS Alkhidmat Complex, 3KM Khayaban-E-Jinnah, Lahore, Punjab, Pakistan.

PHONE NO+92 304 111 4 222 / 0800 44 44 8

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