4 years ago112 views
An MBBS doctor selected for the nation’s topmost bureaucratic institution, the elite Civil Service of Pakistan after clearing its examination with great distinction in 1985. An outstanding public servant, managed to solidify himself as a reckoning force within the Punjab Rural Support Program, yet when his career was about to move towards higher echelons; he resigned in 2003 with the intent to dedicate himself to become a social entrepreneur and make a bringing societal change via Akhuwat. He is the progenitor of the idea of interest-free microfinance as well as the driving force behind Akhuwat. It is a tribute to Dr. Amjad Saqib’s dynamism and also that of its B.O.D that in roughly 13 years, Akhuwat has developed from a fledgling concept to an organization with an international footprint – with presence in all the four provinces and global recognition. It is currently collaborating with the provincial governments of Punjab and Gilgit-Baltistan, both having channeled portions of their poverty alleviation programmes through Akhuwat to the tune of Rs.2 billion and Rs.200 million. Thriving on the principles of financial inclusion and interest-free micro-lending, Akhuwat has been able to benefit over 585,000 families withRs. 9.38 billion in cumulative loans disbursed, and has maintained a recovery rate of 99.8%.