Qarz-e-Hasana

Program Overview

he Qarz-e-Hasana program, initiated by Al Falah Trust, is designed to provide interest-free loans to individuals facing temporary financial hardships. Unlike conventional loans, this program offers assistance without any added interest, ensuring that recipients can focus on resolving their financial issues without the fear of growing debt. This feature allows people to repay the loan more easily, alleviating the burden of financial pressure.

Purpose:

The primary aim of this program is to support individuals during challenging times, giving them a temporary financial cushion. It empowers them to meet immediate needs, such as medical expenses, education costs, or other critical situations, without falling into a cycle of debt. Once their financial situation improves, they can repay the loan, maintaining their independence and dignity.

Impact:

The Qarz-e-Hasana program fosters self-reliance by offering a dignified way to overcome financial challenges. By repaying the loan at their own pace, individuals are able to regain stability without compromising their personal or family wellbeing. This initiative reflects Al Falah Trust’s commitment to empowering communities and fostering long-term sustainability through compassionate financial aid.