Akhuwat loan application form pdf 2025

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  2. Begin by filling out your personal information in the designated fields, including your name, address, and contact details. Ensure all entries are accurate to avoid processing delays.
  3. Next, provide your educational background. This section typically requires details about your current institution, degree program, and any previous qualifications.
  4. In the financial information section, clearly state your income sources and any other financial support you receive. This helps assess your eligibility for the loan.
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Launched in 2001, hundreds of thousands of poor families have been supported through Akhuwats interest-free microfinance loans. The trust and ownership of the program felt by poor communities is evident in Akhuwats 99.9% loan repayment rate.
Founded in 2001 by Dr. Muhammad Amjad Saqib, who serves as the executive director, Akhuwat operates its head office in Lahore and has expanded to over 1,500 cities in Pakistan.
Maximum Loan limit: PKR 50,000. Repayment period from borrowers: up to 18 months. Loans are given after due scrutiny and appraisal ing to an eligibility criterion.
The following will be eligible for award of Qarz-e-Hasna: A student who has been granted admission on merit through normal course. He/ she is not an employee anywhere. He/ she and his/her parents/guardian are financially unable to pay the fees and he/ she cannot pursue studies due to financial constraints.
Applicant will visit nearest AIM branch along with his/her relevant documents (mentioned below) for submission of loan application. Unit manager will discuss with the applicant to check whether applicant falls under eligibility criteria of the scheme. Potential candidate will submit loan application on prescribed form.
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People also ask

As Akhuwats core program, Akhuwat Islamic Microfinance (AIM) provides interest-free loans to the underprivileged to enable them in creating sustainable pathways out of poverty. With 800+ branches in over 400 cities across Pakistan, AIM is the largest interest-free microfinance program in the world, Alhamdulliah.
The trust and ownership of the program felt by poor communities is evident in Akhuwats 99.9% loan repayment rate.
Is it genuine or scam? W/S The Akhuwat Foundation is a legitimate organization helping thousands of Pakistanis. However, be cautious of any fraudulent schemes pretending to be Akhuwat. Always deal directly with their official representatives.

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