Macter International Limited, one of Pakistan’s leading pharmaceutical companies, and Akhuwat Islamic Microfinance (AIM), a prominent nonprofit organization dedicated to interest‑free microfinance, have joined hands to launch an “Akhuwat & Macter Qarz‑e‑Hassan Project”, in Orangi Town. An MoU signed between the two organizations marks a significant joint commitment to poverty alleviation, economic empowerment, and upliftment of marginalized communities.
Under the MOU, Macter will donate PKR 35 million as a revolving credit fund to Akhuwat Islamic Microfinance. These funds will be used for the disbursement of interest‑free loans (Qarz‑e‑Hasan) to deserving beneficiaries in Karachi, with a special branch to be established in Orangi Town, No. 5 for this purpose. The project aims to support individuals seeking to start or expand small businesses, improve livelihoods, and gain sustainable economic independence.
