The Dr. Amjad Saqib’s microfinance interest-free Program “Akhuwat” has been a blessing to millions of families in Pakistan.
Doctor. Amjad Saqib, a Pakistani philanthropist and the founder of Akhuwat the nation’s biggest microfinance programme that is interest free is nominated for the Nobel Peace Prize for his charitable work.
There are 343 contenders in the race for this Nobel Peace Prize in 2022 comprising 251 individuals as well as 92 organizations from around the globe.
In an interview with The Express Tribune, Dr. Amjad Saqib said that his service and work to improve the lives of others are not worthy of distinctions, and he acts in the name of God.
According Amjad, Dr. Amjad, no one is allowed to nominate themselves to be a nominee for this Nobel Prize, and the entire process is not subject to lobbying.
The Maltese minister suggested his name to be considered for his nomination for the Nobel Peace Prize, regarding the statement, The Dr. Amjad claimed “An official of a foreign nation could have recommended my name to receive the award since people around the globe are aware of my work for humanity… however, I’m not aware of any of this happening.”
The Dr. Amjad was one of five Ramon Magsaysay Award winners for his “first-of-its-kind” interestand collateral-free microfinance program that has assisted millions of poor families.
Akhuwat has grown into the nation’s biggest microfinance institution, offering around $900 million in loans and boasting the highest rate of loan repayment, just twenty years since its creation.
Doctor. Amjad began his career in 1985 following his graduation from King Edward Medical University and becoming a member of Pakistan’s elite civil service.
Over the course of 7 years, his served in a variety of high-level government positions and was the director for the Punjab Rural Support Programme (PRSP) that is which is a microfinance and rural development initiative administered under the Punjab government.
The program was designed to help the marginalized through social mobilization as well as community organizing and access to finance.