Our organization has provided 4m interest-free microloans to the most underprivileged members of our society. A significant number of borrowers who were taking care of themselves and their families by running their small businesses are now facing hardships due to the current Corona Virus Crisis. Please help us support them by providing 2-3 months work of food and supplies so that after the crisis is over, they can go back to their businesses otherwise will not survive.
Our 4m borrowers are not only self-employed but also engaged other family members who otherwise would be jobless but also add economic value to the economy. If they were to lose their businesses in order to survive this pandemic, It would have a huge impact on unemployment and economic activities in their respective communities.
This year, we are looking forward to your support in lifting 100s families in Pakistan out of poverty. With an average donation-based interest-free loan size of $250, you can permanently lift a poverty-stricken family with our entrepreneurship microloans. Through our 17 years of operation, Akhuwat has brought 3.3 million people irrespective of their religion, caste, and gender into socioeconomic inclusion. Learn more about how your little donation can change many lives.
Years of unabated corruption, mismanagement, flawed state economic policies, and unfair wealth distribution has pushed more than 20% of the population of Pakistan below the poverty line. To put that into a perspective that's more than 42 million people living in extreme poverty. The lack of will demonstrated by state institutions has prompted people from all walks of life to root out this problem themselves.
Through this project Akhuwat USA aims to lift 100s of families out of poverty in one year through its collateral and interest-free donation based entrepreneurship microloans. With these loans, people who have been financially excluded would be able to set up their own small scale businesses. Instead of a one-time help, these loans would provide them the means of making a continued living for themselves and their families and could become financially independent.
In 2020 , we were extremely delighted to receive such an encouraging response from Pakistani Americans and their support for initiatives like interest-free micro finance.
However, In 2020 the Covid-19 pandemic brought the entire world to a stand still. In these testing times, generous people from across the world came together to help those in need. Their generosity in the form of time and money has created a great impact in the lives of many people and reinforced the concept of brotherhood.
Your generosity has made a remarkable impact in the lives of these people and we truly value your support. I would like to thank all of our donors for their continued support for Akhuwat's mission and hope that you will continue playing your role in creating a better world for all.