Pakistani microfinance pioneer wins Asia’s ‘Nobel Prize’

A Pakistani microfinance pioneer, Muhammad Amjad Saqib who developed an interest-free microfinance programme has  won Asia’s equivalent to the Nobel Prize. Amjad Saqib-64, won the Ramon Magsaysay Award for his “first-of-its-kind” interest- and collateral-free microfinance programme that catalysed scores of poor households. Nearly two decades after its launch, Akhuwat, founded by Dr Saqib, has grown […]