Akhuwat Foundation Loan Scheme Apply 2026

Akhuwat Foundation is a renowned non-profit organization in Pakistan that provides interest-free microfinance loans to empower individuals and families living in poverty. It is very important to understand that Akhuwat Foundation operates on the principles of Qard-e-Hasna (interest-free loans). Therefore, there are no interest charges or markups on any of their loans. The borrower only repays the exact principal amount they received. The exact installment amount and duration depend on the loan amount and the agreed-upon repayment period. The most common structure is a weekly or monthly installment plan. Akhuwat Foundation Loan Scheme Apply 2026

Core Principles:

Interest-Free (Qarz-e-Hasna): All loans are provided without any interest.
Target Beneficiaries: Focus on the economically marginalized and underserved communities.
Community-Based: Loans are typically disbursed in community centers (e.g., mosques, churches, temples) to promote transparency and dignity.

Step-by-Step Loan Process:

1: Eligibility Check

Before applying, ensure you meet the basic criteria:

You must belong to a low-income household.
You should have a viable business idea or need a loan for education, health, or housing (depending on the loan type).
You must be a Pakistani national.
You typically need to form a group of 5-10 people from your community (for group guarantee and support).

2: Find Your Nearest Akhuwat Branch

Akhuwat operates through numerous branches across Pakistan.
Visit the official Akhuwat website (akhuwat.org.pk) and use their “Branch Locator” tool to find the contact details and address of the branch closest to you.
Contact them directly via phone to inquire about their specific application schedules and any potential updates for future years.

3: Application & Documentation

Visit the branch and obtain the application form. You will need to provide:

Completed Application Form: Fill out all required details about yourself, your family, and your business plan or loan purpose.
Copies of CNIC: Your Computerized National Identity Card and your spouse’s CNIC.
Two Recent Passport-Size Photographs.
Proof of Income/Financial Status: This helps them assess your need.
Business Plan (For Enterprise Loans): A simple explanation of how you plan to use the loan to generate income.

4: Interview and Field Verification

An Akhuwat field officer will conduct a detailed interview with you and your group (if applicable).
They will visit your home and business place (if it exists) to verify the information provided and assess your socio-economic condition. This is a standard procedure to ensure fairness.

5: Approval and Disbursement

Your application, along with the field officer’s report, is reviewed by a loan committee.
Upon approval, you will be informed of the loan amount sanctioned.
Disbursement Ceremony: Loans are typically disbursed in a communal gathering at a local mosque or community center to ensure transparency. You will receive the loan amount in cheque or cash.

6: Repayment

Repayment is usually structured in small, easy monthly installments.
The repayment period can vary from 12 to 36 months, depending on the loan type and amount.
Since it’s interest-free, you only pay back the exact principal amount you borrowed.

Types of Loans Offered (Expected to continue in 2026):

Enterprise Loans: For starting or expanding a small business.
Education Loans: For tuition fees and other educational expenses.
Health Loans: For medical treatments and emergencies.
Housing Loans: For home construction, renovation, or repair.

Akhuwat Foundation Loan Installment Plan (Example)

Loan Amount: PKR 50,000
Repayment Term: 12 Months (Approx. 52 Weeks)
Total to Repay: PKR 50,000 (Principal Only – No Interest)
Weekly Installment: ~PKR 962
Monthly Installment (if applicable): ~PKR 4,167

Installment Number	Due Amount (PKR)	Principal Paid (PKR)	Total Paid Till Now (PKR)	Remaining Balance (PKR)
1	962	962	962	49,038
2	962	962	1,924	48,076
2	962	962	2,886	47,114
…	…	…	…	…
25	962	962	24,050	25,950
26	962	962	25,012	24,988
…	…	…	…	…
51	962	962	49,062	938
52 (Final)	938	938	50,000	0

Key Points to Remember:

Interest-Free: The most crucial aspect. You only pay back what you borrow.
Flexible Terms: Loan amounts can range from small (e.g., PKR 10,000) to larger sums for specific programs, with repayment terms adjusted accordingly (e.g., 6 months, 18 months, 24 months).
Grace Period: Akhuwat often provides a grace period at the start of the loan (e.g., 1-2 months) before installments begin, to allow the business or project to generate income.
No Hidden Fees: There are no processing fees or hidden charges.
Community Support: Repayment is often collected in community centers or group meetings, which also serve as a platform for moral support and guidance.

How to Get Your Exact Installment Plan:

Since the exact terms are personalized, you should contact Akhuwat Foundation directly for your specific plan.

Visit a Branch: The most reliable way. Find your nearest branch office.
Official Website: www.akhuwat.org.pk
Helpline: Call their official helpline number (available on their website) to get information and guidance.

Important Tips for Applying in 2026:

Stay Updated: Processes can evolve. The most reliable source is always the official Akhuwat Foundation website (akhuwat.org.pk) or their official social media pages.
Apply Early: Once they announce their intake or schedule for 2026, apply as early as possible.
Prepare Your Case: Be clear and honest about why you need the loan and how it will improve your family’s situation. A well-thought-out plan for a business loan is crucial.
Beware of Scams: Akhuwat does not ask for any advance fees or “security deposits” to process a loan. All transactions are transparent and occur at their official branches.

Contact Information: