Akhuwat USA

Alleviating Poverty Through compassion and Interest-Free Micro-Lending

aka Akhuwat   |   Torrance, CA   |  www.akhuwat.org

Mission

To alleviate poverty and empower socially and economically marginalized families through interest-free micro-finance and by harnessing entrepreneurial potential, capacity building and social guidance.

Ruling year info

2013

CEO

Mr. Azhar Hameed

Main address

21250 Hawthorne Blvd, suite 500

Torrance, CA 90503 USA

Show more contact info

EIN

45-2509939

NTEE code info

Fund Raising and/or Fund Distribution (T12)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Sign in or create an account to view Form(s) 990 for 2019, 2019 and 2018.
Register now

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Established in 2011, Akhuwat USA works to reduce poverty through interest-free microloans, capacity building, and social guidance. It is affiliated with and supports AKHUWAT, which was founded in 2001 with US $100 and today has expanded to include over 800 branches in 350 cities of Pakistan, a UK branch, a microloan portfolio of over US $110m active loans, and a recovery rate of 99.97%. Akhuwat's unique model is being taught as a case study at the US and a UK university.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Akhuwat Micro-lending - Interest Free

To provide loans to able and capable individuals who do not have the means to start a small business in Pakistan.

Population(s) Served
Economically disadvantaged people

Akhuwat has envisioned a society where members of the transgender community are treated as equals without any discrimination.

Population(s) Served
Intersex people

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of active loans

This metric is no longer tracked.
Totals By Year
Population(s) Served

Women and girls, Men and boys, Families

Related Program

Akhuwat Micro-lending - Interest Free

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

A poverty-free society built on the principles of compassion and equality.
To alleviate poverty and empower socially and economically marginalized families through interest-free micro-finance and by harnessing entrepreneurial potential, capacity building, and social guidance.

The funds collected for Akhuwat USA are used solely for the purpose of disbursing interest-free loans to the unprivileged in Pakistan. We are also raising funds for our upcoming project, Akhuwat University, which will provide state-of-the-art but affordable education to the poor.

We have over 700 offices country wide, 4000+ staff members and 22 years of experience in doing what we do.

Established in 2011, Akhuwat USA works to reduce poverty through interest-free microloans, capacity building, and social guidance. It is affiliated with and supports AKHUWAT, which was founded in 2001 with US $100 and today has expanded to include over 800 branches in 350 cities of Pakistan, a UK branch, a microloan portfolio of over US $110m active loans, and a recovery rate of 99.97%. Akhuwat's unique model is being taught as a case study at the US and a UK university.

Financials

Akhuwat USA
lock

Unlock financial insights by subscribing to our monthly plan.

Subscribe

Unlock nonprofit financial insights that will help you make more informed decisions. Try our monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights?
Learn more about GuideStar Pro.

Operations

The people, governance practices, and partners that make the organization tick.

lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

Akhuwat USA

Board of directors
as of 3/30/2021
SOURCE: Self-reported by organization
Board chair

Zaki Khalifa