We believe in the old adage “Give a man a fish, and you feed him for a day. Teach a man to fish, and you feed him for a lifetime!” We see that it extends to generations because an empowered individual is also capable of providing educational opportunities to its family members.
Although charity is a much do – act of kindness onto those who are less privileged, it is not a long-term solution to alleviate poverty. The value of charity is for a particular need for a defined time frame. Enabling economic potential allows an individual to not only explore personal potential but also to become a contributing member of any society.
An INTEREST-FREE loan is inspired by the concept of brotherhood aka MAWAKHAT. In the modern world, let’s call it human hood. Where the HAVE’s establish a sense of personal responsibility and create a social bond of mutual respect and support for the NOT HAVE’s. By providing a loan that is without any interest, there is no exploitation but pure good faith trust in the good that is in all of us, without discrimination or judgment of the other.
The beauty of interest-free model is that it recycles time and again from 6 -8 cycles of lending, maximizing the impact than traditional charitable giving.