In the first part of the interview, Dr. Amjad Saqib [Executive Director, Akhuwat] gives an overview of the four principles of Akhuwat to demonstrate how Akhuwat in its operation and ideology deviates from conventional microfinance institutions. Akhuwat was established in 2001 with aims of providing the poor with interest-free microfinance. The four principles which underlie the Akhuwat model are; 1. Interest free loans 2. Use of Religious Places 3. The spirit of Volunteerism 4. Transforming borrowers into donors These principles in turn reiterate the ideology of Akhuwat of not treating microfinance as a business but rather as a responsibility. For more information visit www.akhuwat.org.pk

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