A significant gathering in Lahore recently highlighted the transformative social work of one of Pakistan's leading philanthropic organizations. The Akhuwat Foundation convened donors, civil society representatives, and citizens from diverse backgrounds at an event in Askari 10, Lahore, to share its remarkable achievements and future vision.
Microfinance Success: Empowering Millions Without Interest
Addressing the attendees, the founder and chairman of Akhuwat, Dr Muhammad Amjad Saqib, detailed the organization's flagship interest-free microfinance program. He revealed that this initiative has now positively impacted the lives of over four million families across Pakistan, providing them with capital to start or expand small businesses. Perhaps even more impressive is the program's sustainability, evidenced by a remarkable 99.9% loan recovery rate. This figure underscores the trust and responsibility embedded in Akhuwat's community-based model.
Expanding Horizons: Free Quality Education for Deserving Students
Dr Saqib also expanded on Akhuwat's commitment to education as a cornerstone for national development. He shared details about their institutions, Akhuwat College in Kasur and the Akhuwat Women College in Chakwal. These colleges are dedicated to providing free, quality education along with residential facilities to high-achieving, deserving students from all corners of the country. This initiative aims to break the cycle of poverty by empowering youth with knowledge and skills without the burden of financial constraints.
Community Appreciation and Continued Commitment
The event served as a powerful platform for engagement and reinforcement of support. Participants at the gathering expressed their deep appreciation for Akhuwat's multifaceted efforts in poverty alleviation and education. The dialogue reaffirmed a strong collective commitment from donors and partners to continue supporting the foundation's mission. The successful model presented by Akhuwat, blending compassionate philanthropy with operational excellence, was celebrated as a beacon of hope and a replicable framework for social change.
The organization's work demonstrates a holistic approach to tackling socio-economic challenges, proving that financial inclusion and education access are key drivers for a more equitable society.
