Akhuwar is a non-profit organization that provides interest-free loans to needy candidates for different purposes. Now, registration for the Akhuwa Loan Scheme 2023 has started. So, the candidates who want loans can apply for the Akhuwat Loan scheme. However, needy candidates across Pakistan are eligible. Below, we provide the complete detail about the eligibility criteria, a method to apply, etc. of the Akhuwat Interest-Free Loan 2023, so, go down and get complete information.
Eligibility Criteria for Akhuwat Loan
- Applicants must have CNIC
- Candidates must have the ability to run/incubate the business between 18-62 years of age
- Applicants must be economically active and have good moral & social character.
- Candidates must provide two guarantors other than family members.
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Documents required for Akhuwat Loan
The needy candidates must submit the following documents with the application.
- Copies of CNIC of Applicants
- CNIC Copies of Guarantors
- Latest Utility Bills
- Copy of Nikkahnama if CNIC or Wife is not with the name of Husband
Verification for Akhuwat Loan 2023
- After submitting the application with the required documents, the Project manager will review the documents and check the eligibility.
- The candidates meeting the criteria will get approval for the loan. However, the staff will provide a form to the selected candidates.
- The manager will check the documents again and start the application process.
- Akhuwat Foundation approved the loans within 03-04 weeks.
