Pioneer of Akhuwat Microfinance Institution wins Asia’s equivalent to Nobel Prize

Pioneer of Akhuwat Microfinance Institution wins Asia’s equivalent to Nobel Prize

A proud piece of news for the Pakistani nation, Dr. Amjad Saqib won the Ramon Magsaysay Award. Dr. Amjad Saqib, who is 64-years old won this award on Tuesday. This Award is considered the biggest award in Asia, equivalent to the Nobel Prize. Dr. Amjad is a seasoned microfinance specialist in Pakistan. Dr. Amjad launched Akhuwat, interest, and security-free microfinance program, almost 2 decades ago. Till now, Akhuwat has helped millions of poor and deserving families in Pakistan in combating poverty. 

Akhuwat has become the nation’s biggest microfinance institution with a disbursement of almost $900 million in total with an approximately 100 % loan repayment rate. Dr. Amjab Saqib’s Akhuwat disburses the loan amount in the places of worship like Masjids etc. with a view that human solidarity and goodness will eradicate poverty. The PM of Pakistan Imran Khan congratulated Dr. Amjad on this remarkable achievement.  

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Akhuwat Microfinance Institution ke baani ne Asia ka Nobel Prize ke barabar award jeet lia

Pakistani qaum ke ley aik qabil e fakhar khabar hai, Dr. Amjad Saqib ne Ramon Magsaysay Award jeet lia. Dr. Amjad Saqib jo ke 64 baras ke hain ne ye award Tuesday ko jeeta. Ye award Asia main sab se barra award samjha jata hai, isay Nobel Prize ke barabar khayal kia jata hai. Dr. Amjad Pakistan ke aik intihaai tajurbakaar microfinance specialist hain. Dr. Amjad ne taqreban 20 saal qabal aik interest aur security free microfinance program ki bunyaad rakhi thi. Ab tak, Akhuwat ne Pakistan main lakhon gareeb aur mustahiq khandanon ko gurbat se muqabla karany main madad ki hai. Akhuwat Pakistan ka sab se barra microfinance institution ban gya hai jis ne ab tak taqreban 900 million dollars ke loan dye hain aur jis ka repayment rate bhi taqreban 100% hai. Dr. Amjad Saqib ki Akhuwat loan ki amount denay ke lye ibadat gaahon jaisay Masajid ka intikhaab karti hai jis ke peechay un ka ye khayal hota hai ke insaniyat ka azam aur achai gurbat ko khatam kar di gi. Pakistan ke Prime Minister Imran Khan ne bhi Dr. Amjad ko un ke iss azeem aizaaz per mubarakbaad di.  

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