By Azhar Hameed | Project Leader
Dear Donors,
Akhuwat USA has taken several initiatives to create awareness among our donor community about the importance of eradicating poverty by providing poor the financial means that generates a continuous stream of revenue generation for them.
With your unwavering support, Akhuwat USA has so far disbursed entrepreneurship interest-free microloans to 937 borrowers across Pakistan from the funds raised through our GlobalGiving partner. Our borrowers come from all religions in Pakistan and belong to both genders. Extra efforts are being undertaken to enable more women to become entrepreneurs and help them become financially independent.
To name a few, Anila and Rubina approached Akhuwat for an interest-free loan that would enable them to make a living for themselves and their families. Anila, a divorced woman and a mother of a 19-year-old boy from Walton, Lahore was struggling to make her ends meet after her father who was the sole bread runner of the family died from a heart attack this February. After due diligence, She was handed a loan of $350 (PKR 50,000) from which she bought a second-hand rickshaw (tuk-tuk). Her son Arshad who is a high school student drives the tuk-tuk in the afternoon until midnight. Anila and Arshad together are now making an average of PKR 2000 per day.
Rubina, a widowed mother of a 16-year-old girl from Azizabad, Karachi approached Akhuwat for an interest-free loan. She had planned to start an embroidery business after she was recently let go from her job at garments manufacturing factory. Rubina was handed a loan of $200 (PKR 22000) to enable her to start her own business from which bought raw materials and equipment. From the past one month after securing an interest-free loan from Akhuwat, Rubina is earning between PKR 1500-3000 per article she makes. Her daughter Anum helps her mother after school time and plans to help her mother expand her mother's new business.
Anila and Rubina lives would not have turned around if it were not for the relentless support to Akhuwat's mission of poverty alleviation from donors like you. However, there is still much needed to be done for those 42 million less fortunate people in Pakistan living in extreme poverty who are waiting for assistance. Your kind donation of any size can start an infinite wave of hope among those less privilege.
Donate generously!
Kind Regards
Azhar Hameed
Volunteer President
Akhuwat USA
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