Akhuwat Foundation Loan Online Apply | Akhuwat Loan Scheme 2024

Are you looking for an urgent cash loan without interest? If so, you’ve come to the right place.

The Akhuwat Foundation loan is an excellent choice to get access to the funds that can help you cover urgent needs e.g. fund your study, help start a business, and fulfill any health or family emergency.

Akhuwat Foundation’s Loan Scheme 2023 is a transformative initiative aimed at empowering individuals and communities through accessible and transparent loans without interest.

In this blog post, we will provide a step-by-step guide on how to apply for the Akhuwat Foundation loan online and key features of the Akhuwat Loan Scheme 2023.

We’ll also explain the eligibility criteria, and required documents, and answer any questions you may have about the Loan application process. So, let’s get started!

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Akhuwat Foundation Loan Online Apply | Akhuwat Loan Scheme 2024


Table of Contents

Akhuwat Foundation Loan Online Apply | Akhuwat Loan Scheme 2024

What Is Akhuwat Foundation?

Akhuwat Foundation is an international non-profit organization established in 2001 by Dr. Amjad Saqib.

With a mission to alleviate poverty by providing interest-free loans and other financial services to low-income communities.

The organization has created various loan schemes and services, to empower people financially.

The Akhuwat Loan Scheme provides zero-interest loans of up to PKR 50,000 to help borrowers start or expand businesses, purchase raw materials, pay for education and medical expenses, or cover other needs.

Since its establishment in 2001, Akhuwat Foundation has helped over 2 million people gain access to capital and financial services to lift themselves out of poverty.

There have been numerous success stories of individuals whose lives have been positively impacted through the use of these loans.

Akhuwat Foundation continues to strive towards achieving its mission of helping the underserved population across Pakistan and abroad.

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Akhuwat Loan Scheme 2024


The Akhuwat Foundation offers a number of interest-free loan products to help individuals and families in Pakistan.

Loan products under Akhuwat Loan Scheme 2023 include the following loans:

  • Micro-Enterprise Loans: Akhuwat Foundation provides Micro-Enterprise Loans to aspiring entrepreneurs who have a business idea but lack the necessary capital to start or expand their ventures. These loans enable individuals to invest in their businesses, purchase equipment, and cover operational expenses, empowering them to generate sustainable income and contribute to the local economy.
  • Education Loans: Recognizing the importance of education as a pathway to a brighter future, the Akhuwat Foundation offers Education Loans. These loans cater to students who wish to pursue higher education but face financial constraints. The loans cover tuition fees, books, and other educational expenses, enabling students to pursue their academic goals without worrying about the financial burden.
  • Housing Loans: Akhuwat Foundation understands the significance of a safe and stable home. Through its Housing Loans, the foundation assists individuals and families in fulfilling their dreams of owning a house. These loans can be used for home construction, renovation, or purchase, helping people create a secure and comfortable living environment for themselves and their loved ones.
  • Agriculture Loans: For those engaged in agricultural activities, Akhuwat Foundation offers Agriculture Loans. These loans are designed to support farmers and rural communities in enhancing their agricultural productivity. Whether it’s purchasing seeds, fertilizers, or farming equipment, these loans provide the necessary financial resources to improve farming practices and increase yields.
  • Liberation Loans: Akhuwat Foundation understands that individuals may find themselves trapped in the cycle of debt from exploitative lenders. To liberate them from such burdens, the foundation offers Liberation Loans. These loans allow borrowers to repay their existing loans with predatory interest rates, helping them break free from debt bondage and rebuild their financial stability.
  • Marriage Loans: Akhuwat Foundation recognizes the significance of weddings and the expenses associated with them. Through its Marriage Loans, the foundation supports families in organizing weddings without financial stress. These loans cover expenses such as wedding arrangements, dowry, and other related costs, ensuring that couples can celebrate their special day without financial constraints.
  • Emergency Loans: In times of unexpected crises, the Akhuwat Foundation provides Emergency Loans to individuals facing urgent financial needs. Whether it’s a medical emergency, natural disaster, or any unforeseen circumstance, these loans offer immediate relief, helping individuals overcome temporary financial setbacks and restore stability to their lives.

If you are interested in applying for a loan from the Akhuwat Foundation, I recommend contacting the organization directly for more information about the specific loan schemes that are available and the requirements for applying.

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Akhuwat Foundation Loan Eligibility Criteria


To be eligible for an Akhuwat Foundation loan, applicants must meet the following requirements:

  • Age: Applicants must be at least 18 years old to apply for an Akhuwat loan.
  • Valid CNIC: All applicants must have a valid CNIC issued by NADRA.
  • Salary: The applicant must have a steady source of income in order to qualify for an Akhuwat loan.
  • Guarantors: It is also necessary for the applicant to provide 2 guarantors for the Akhuwat loan scheme. These guarantors must be willing to vouch for the applicant and should have an acceptable credit history with the foundation.
  • No Criminal Record: Applicants must not have any criminal record or convicted by any court.
  • Residence: Applicant must be a resident of an area within a 2-2.5 KM radius from the nearest Akhuwat Center.

With these requirements met, applicants can proceed with the Akhuwat loan application process and get their required funds easily.

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Documents Required


Akhuwat Foundation Loan Documents Required:

  • Copies of National Identity Card (CNIC): Applicants are required to provide copies of their own National Identity Card (CNIC) as well as CNIC copies of the guarantors. CNIC copies serve as a form of identification and verification of the applicant and the guarantors involved in the loan application process.
  • Latest Utility Bills: Applicants need to submit the latest utility bills as proof of residence. Utility bills, such as electricity, gas, or water bills, validate the residential address mentioned in the loan application. These bills help establish the applicant’s connection to a specific location and serve as a verification of their residence.
  • Latest Passport Size Photo of Applicant: A recent passport-sized photograph of the loan applicant is required for documentation purposes. This photograph is used to identify the applicant and keep a record of their appearance in the loan application files.
  • Copy of Nikah Nama (optional): In certain cases, for marriage-related loans, the Akhuwat Foundation may request a copy of the Nikah Nama. The Nikah Nama is a marriage certificate issued by the relevant authorities and serves as documentation of the applicant’s marital status. This requirement may apply specifically to marriage loans to ensure transparency and clarity regarding the loan purpose.

Note that these documents are subject to change or may vary based on the specific loan type, applicant’s profile, and other factors.

Therefore, it is advisable to check with the Akhuwat Foundation or the loan center for the most up-to-date and accurate list of required documents for the loan application.

Providing all the necessary documents helps facilitate the loan application process and ensures that the application is processed smoothly and efficiently.

How To Apply For Akhuwat Loan? | Akhuwat Foundation Loan Apply


To apply for an Akhuwat loan, you can visit the nearest Akhuwat Center. Akhuwat center near you could be easily found by visiting the Akhuwat website at: akhuwat.org.pk/branch-network/.

The Step-by-step Akhuwat Foundation Loan application process is given below :

  • Visit the Akhuwat Foundation Website: Go to akhuwat.org.pk and navigate to the “Branch Network” section. This section provides information about the nearest Akhuwat centers where you can apply for a loan.
  • Find the Nearest Akhuwat Center: On the “Branch Network” page, you will find a search feature or a list of locations. Use this to locate the Akhuwat center nearest to your area. Click on the center’s name or contact details to get more information about its address and operating hours.
  • Gather Required Documents: Before visiting the Akhuwat center, ensure that you have the necessary documents for the loan application process. These may include:
    • National Identity Card (CNIC)
    • Proof of residence (utility bills, rent agreement, etc.)
    • Recent passport-sized photographs
    • Any additional documents specific to the loan type (e.g., business plan for micro-enterprise loans)
  • Visit the Nearest Akhuwat Center: Once you have identified the nearest Akhuwat center and gathered the required documents, visit the center during their operating hours. The center staff will guide you through the application process and provide any assistance you may need.
  • Complete the Loan Application Form: Fill out the loan application form provided by the Akhuwat Center. Provide accurate and complete information, ensuring that all sections of the form are properly filled.
  • Submit the Application: After completing the application form, submit it along with the required documents to the Akhuwat center staff. They will review your application and guide you through the next steps.
  • Loan Processing and Approval: The Akhuwat Foundation will evaluate your application, considering various factors such as eligibility criteria and loan availability. If your application meets the necessary requirements, it will be processed, and you will be notified about the loan approval status.
  • Loan Disbursement: Once your loan is approved, the Akhuwat Foundation will disburse the loan amount to you through the preferred method (e.g., cash, bank transfer, or check). The loan officer will inform you about the disbursement process and repayment terms.

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Akhuwat Loan Details


After submitting the loan application to the Akhuwat Foundation, the following steps typically occur:

  • Application Review: The Akhuwat Foundation loan officers and staff will review the submitted application along with the accompanying documents. They will verify the information provided and assess the eligibility of the applicant based on the loan requirements and criteria.
  • Application Processing: Once the application has undergone the initial review, it enters the processing phase. During this stage, the loan officers evaluate the applicant’s financial standing, creditworthiness, and the purpose of the loan. They may conduct further assessments, such as credit checks or discussions with the applicant.
  • Loan Approval Decision: After a thorough evaluation of the application, the Akhuwat Foundation makes a decision regarding the loan approval. If the application meets the necessary criteria and requirements, and if funds are available, the loan will be approved. The applicant will be informed about the loan approval status and any additional steps or documentation required.
  • Loan Terms and Conditions: Upon approval, the loan officers will discuss the terms and conditions of the loan with the applicant. This includes aspects such as the loan amount, repayment duration, installment amounts, interest rate (if applicable), and any other relevant terms specific to the loan product.
  • Loan Disbursement: Once the loan terms and conditions are agreed upon, the Akhuwat Foundation will proceed with the loan disbursement process. The approved loan amount will be disbursed to the applicant, typically through a preferred method such as cash, bank transfer, or check. The loan officer will provide instructions on how to receive the funds.
  • Loan Utilization: It is essential for the applicant to utilize the loan amount for the intended purpose mentioned in the loan application. For instance, if the loan is for a micro-enterprise, it should be used to establish or expand a business. Adhering to the specified purpose ensures transparency and accountability.
  • Loan Repayment: Following the loan disbursement, the applicant is responsible for repaying the loan according to the agreed-upon terms. This involves making regular installment payments within the specified duration. The loan officer will provide details regarding repayment schedules, methods, and any grace periods or penalties associated with late payments.

Throughout the entire process, the Akhuwat Foundation loan officers are available to answer any questions, provide guidance, and offer support to borrowers.

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Akhuwat Loan Application Form 2024


The Akhuwat Loan Application Form is accessible online through the Akhuwat Foundation’s website. To access the form, follow the steps below:

  • Visit the Akhuwat Foundation’s website: Go to akhuwat.org.pk in your web browser.
  • Navigate to the Registration Page: Look for the “Register” section on the website’s homepage. This section may be located in the main menu or as a separate tab.
  • Click on the Loan Application Form: Within the registration section, you should find a link or button to access the Loan Application Form. Click on it to proceed.
  • Fill out the Application Form: The online Loan Application Form will appear, presenting a series of fields and sections for you to fill out. Provide accurate and complete information as requested in the form. This may include personal details, contact information, financial information, and the purpose of the loan.
  • Review and Submit: Once you have filled out all the required fields and attached the relevant documents, review the application form to ensure its accuracy and completeness. Make any necessary revisions or additions. When you are satisfied with the information provided, submit the application form electronically.
  • Confirmation and Follow-up: After submitting the online application form, you will receive a confirmation message indicating that your application has been successfully submitted.

Akhuwat Loan Calculator

The Akhuwat Foundation provides estimated calculations for loan amounts on its website to help individuals determine the loan amount they may be eligible to receive. To access the offered loan amounts, follow the steps below:

  • Visit the Akhuwat Foundation’s website: Go to akhuwat.org.pk in your web browser.
  • Navigate to the Loan Products Offered section: Look for the “Loan Products Offered” or a similar section on the website’s homepage as akhuwat.org.pk/loan-products-offered/.
  • Select the Loan Product: Within the Loan Products Offered section, you will find a list of different loan products offered by the Akhuwat Foundation. Choose the loan product that aligns with your specific financial needs and goals. For example, if you are interested in a micro-enterprise loan, select the Micro-Enterprise Loan option.
  • See the estimated amount offered: This section provides you with an estimate of the loan amount you may be able to obtain from the Akhuwat Foundation against every loan product offered by the Akhuwat Foundation.

For the most accurate and up-to-date loan amount calculations, it is recommended to visit the Akhuwat Foundation’s website directly.

Akhuwat Foundation Contact Number | Akhuwat Helpline Number

Akhuwat Foundation Contact Number Lahore


For contacting the Akhuwat Foundation in Lahore, you can use the following contact information:

Phone Numbers:

  • +42 111448464
  • +924235122743


  • info@akhuwat.org.pk

Head Office Address:

  • 19 Civic Center, Sector A2, Township Lahore, Pakistan

Akhuwat Foundation Karachi Contact Number

All applicants from Karachi can get loan information or apply for Akhuwat Loan at the following phone number:

  • Phone: 0316-2673743
  • Email: Rajab.parvez@akhuwat.org.pk

Akhuwat Branch In Pakistan | Akhuwat Network

Akhuwat branches all over Pakistan could be located or found by visiting the Akhuwat website at: akhuwat.org.pk/branch-network/.

The branch map is also given below, you can also find the nearest Akhuwat branch from the following map.


Akhuwat Foundation Loan Pros And Cons

Pros Of Akhuwat Foundation Loans

  • Interest-Free: One of the significant advantages of Akhuwat Foundation loans is that they are interest-free. Borrowers do not have to worry about accumulating interest on their loan amount, making it a financially favorable option.
  • Financial Inclusivity: Akhuwat Foundation aims to provide loans to individuals who may not have access to formal financial institutions due to their economic circumstances. This promotes financial inclusivity and allows individuals from marginalized communities to access funds for various purposes.
  • Flexible Repayment Terms: The Akhuwat Foundation offers flexible repayment terms for their loans. They understand the financial constraints of borrowers and work with them to establish a repayment schedule that is manageable and suits their financial capacity.
  • Diverse Loan Products: Akhuwat Foundation provides a range of loan products to cater to different needs, such as micro-enterprise loans, education loans, marriage loans, and emergency loans. This allows borrowers to choose the loan type that aligns with their specific requirements.
  • Supportive Community: The Akhuwat Foundation not only provides financial assistance but also fosters a supportive community. Borrowers often benefit from mentorship, guidance, and networking opportunities, which can further contribute to their personal and professional development.

Cons Of Akhuwat Foundation Loans

  • Limited Loan Amount: The loan amounts offered by the Akhuwat Foundation may be limited compared to traditional financial institutions. This could potentially restrict the borrowing capacity for individuals with larger funding needs.
  • Eligibility Criteria: The Akhuwat Foundation has specific eligibility criteria that need to be met in order to qualify for a loan. This may include factors such as income level, residency, and purpose of the loan. Some individuals may not meet these criteria and, therefore, may not be eligible for a loan.
  • Availability and Accessibility: The Akhuwat Foundation may not have branches or loan centers in all areas, making it less accessible for individuals residing in remote locations. The limited availability of loan centers may pose challenges for individuals seeking financial assistance.
  • Documentation Requirements: Like any lending institution, the Akhuwat Foundation requires certain documents for loan applications. Meeting the documentation requirements may be a hurdle for individuals who lack proper documentation or face challenges in obtaining the necessary paperwork.
  • Funding Limitations: The availability of funds for loans from the Akhuwat Foundation is subject to their resources and financial capacity. In some cases, the demand for loans may exceed the available funds, resulting in potential limitations in loan approvals and disbursements.

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Akhuwat Foundation Loan FAQs

How long does it take to get the Akhuwat Foundation loan?

The entire process of applying for an Akhuwat Foundation Loan, from applying online to receiving the cash, takes no more than 2 weeks.

How many people now have got Akhuwat Loans?

The organization was founded in 2001 and has since disbursed over $500 million in loans to more than 2.5 million individuals.

Akhuwat Foundation Loan Limit?

Generally, limits for loans are from 10,000 to 50,000 PKR for personal and business and business loans respectively for Akhuwat Loans.

The maximum time limit for Akhuwat Loans?

Akhuwat gives loans for a period of 10 to 24 months at maximum. The time limit depends upon the type and amount of loan disbursed to a person.

Akhuwat Foundation Loans Interest Rates?

The Akhuwat Foundation offers interest-free loans to individuals in need. Their loan programs are designed to provide financial support without charging any interest on the borrowed amount.

Are Akhuwat Foundation loans interest-free?

Yes, Akhuwat Foundation loans are interest-free, meaning borrowers do not have to pay any interest on the loan amount.

What types of loans does Akhuwat Foundation offer?

Akhuwat Foundation offers a range of loan products, including micro-enterprise loans, education loans, marriage loans, and emergency loans, among others.

What documents are required to apply for an Akhuwat Foundation loan?

The required documents for an Akhuwat Foundation loan application typically include copies of the applicant’s and guarantors’ CNIC, the latest utility bills, a recent passport-sized photo of the applicant, and optionally, a copy of the Nikah Nama for marriage-related loans.

Can I apply for more than one loan from Akhuwat Foundation at a time?

Akhuwat Foundation allows individuals to apply for multiple loans; however, each loan application is evaluated independently based on eligibility criteria and the borrower’s repayment capacity. The approval of additional loans depends on factors such as the borrower’s credit history and their ability to manage multiple loan obligations.

What happens if I am unable to repay the loan on time?

In case of difficulties in repaying the loan on time, it is crucial to communicate with the Akhuwat Foundation as soon as possible. They may provide guidance and assistance to borrowers facing financial challenges and may work out alternative repayment arrangements based on the individual’s circumstances.

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