Microcredits for new prospects
Akhuwat claims to be the world’s largest Islamic micro-finance organisation. It grants loans to people wanting to improve their living conditions – by starting their own business, for example. These microloans are interest-free.
Anyone who wants to apply for a microcredit must:
- Be between 18 and 64 years old
- Possess a CNIC (Computerized National Identity Card)
- Provide two guarantors (not relatives)
- Not have a criminal record
Further conditions can be found on the organisation’s website.