KARACHI: Macter International Limited, a pharmaceutical company, and Akhuwat Islamic Micro-finance (AIM), a nonprofit organization providing interest-free microfinance, have partnered to launch the “Akhuwat & Macter Qarz e Hassan Project” in Orangi Town.A MoU signed between the two organizations marks a joint commitment to poverty alleviation, economic empowerment, and support for marginalized communities.Under the MoU, Macter will donate PKR 35 million as a revolving credit fund to Akhuwat Islamic Microfinance. The funds will be used to disburse interest-free loans (Qarz e Hasana) to eligible beneficiaries in Karachi. A branch will be established in Orangi Town No. 5 for this purpose.Copyright Business Recorder, 2026
