Building a better future
Shahid Afridi Foundation (SAF) and Akhuwat Microfinance join hands to support and provide interest-free microfinance to facilitate underprivileged entrepreneurs to scale up businesses, enhance production and increase their incomes. A Memorandum of Understanding has been signed today at Faletti’s Hotel, Lahore between SAF and Akhuwat for this cause.
Collectively SAF and Akhuwat, under this MoU, to provide interest-free microfinance loans to facilitate micro-entrepreneurs to scale up businesses. This facilitation would be implemented in the city of Kohat, KPK through a branch office with the joint name of SAF and Akhuwat after preparing a feasibility and assessing microfinance applicability in the area. Deserving families are provided interest-free loans through establishing a Joint Education Fund. Joint efforts would be made to establish and create a Liberation Loan Funds. And an understanding is also agreed to launch interest-free loan scheme for Ex-Pakistani prisoners came back to Pakistan.