The Akhuwat Microfinance Loan Scheme 2026 continues its mission as the world’s largest interest-free microfinance program. Under the leadership of Dr. Amjad Saqib, Akhuwat provides Qarz-e-Hasna (interest-free loans) to economically active yet underprivileged individuals across Pakistan. In 2026, the scheme has expanded its reach, operating primarily through religious places like mosques and churches to maintain its spirit of social solidarity (Mawakhat).
Unlike traditional banking, Akhuwat does not charge markup or hidden fees, focusing instead on poverty alleviation and financial inclusion for those who cannot access formal credit.
Main Loan Categories and Limits for 2026
Akhuwat offers several specialized loan products designed to meet different social and economic needs.
Family Enterprise Loan: This is the most popular category, used to start or expand a small business. Loan amounts typically range from Rs. 10,000 to Rs. 50,000, with a repayment period of 10 to 36 months. Agriculture Loan: Designed for small-scale and landless farmers to purchase seeds, fertilizers, and other inputs. These loans also range from Rs. 10,000 to Rs. 50,000. Housing Loan: Specifically for house renovation, construction of additional rooms, or repairs for families living in houses up to 5 Marlas. These loans offer a higher range, from Rs. 100,000 up to Rs. 1,500,000 (15 Lakh). Liberation Loan: A unique loan designed to help poor individuals pay off high-interest debts they have taken from local moneylenders.
Eligibility Criteria for Applicants
To maintain a high recovery rate and ensure the funds reach the truly deserving, Akhuwat follows a strict yet compassionate eligibility check.
Valid CNIC: The applicant must hold a valid 13-digit CNIC and be aged between 18 and 62 years. Character Check: The applicant should have a good moral and social reputation in their community and must not be convicted of any criminal offense. Residency: You must be a resident of the operational area (usually within a 5 KM radius) of the Akhuwat branch where you are applying. Guarantors: You must provide two guarantors who are not family members and are willing to vouch for your character and repayment. Economic Activity: For enterprise loans, the applicant must demonstrate the ability and intent to initiate or expand a business activity.
How to Apply Online vs. Manual Registration
It is important to note that for 2026, Akhuwat does not offer a purely online application for its microfinance loans to maintain the “Mosque-centered” personal appraisal system.
Visit Nearest Branch: Find your local Akhuwat branch. There are over 800 centers across Pakistan located in mosques and community centers. Initial Introduction: The staff will introduce you to the program’s philosophy and the specific requirements for your chosen loan category. Document Submission: Provide copies of your CNIC, latest utility bills (electricity or gas), and recent photographs of the applicant. Social & Business Appraisal: Akhuwat staff will visit your home and business site to verify your living style and the viability of your business plan. Committee Approval: A Loan Approval Committee (LAC) reviews the appraisal reports. If successful, the loan is disbursed in a simple ceremony, often held at a local mosque.
Required Documents Checklist
Before visiting the branch, ensure you have the following documents ready to avoid delays in processing.
-
Copies of CNIC (Applicant and two Guarantors).
-
Latest Utility Bill (Mandatory for address and behavior verification).
-
Latest Photographs (Applicant only).
-
Copy of Nikahnama (May be required for certain family-based loans).
-
Business Plan (A simple verbal or written explanation of how you will use the money).
Repayment and Monitoring
One of the hallmarks of Akhuwat is its 99.9% recovery rate, which is achieved through community trust and social monitoring.
Monthly Installments: Repayments are made in easy monthly installments without any interest. Mutual Support Fund: While there is no interest, a very small, one-time application fee (usually up to Rs. 500) may be charged to cover administrative costs. Cycle of Reciprocity: Successful borrowers are encouraged to become donors to the scheme once their business becomes profitable, helping the next person in need.
Important Note: Beware of fake social media pages or individuals asking for “processing fees” to get your Akhuwat loan approved. Akhuwat only operates through its physical branches and does not authorize any private agents for loan collection or distribution.