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HDF and Pakistan Microfinance Network (PMN) entered into an MoU

HDF and Pakistan Microfinance Network (PMN) have signed an MoU to “Expand Microfinance Outreach” and jointly work on improving financial literacy in the masses to address demand side. Almost 41 million people are in need of financial services and current cumulative outreach stands at 7 million. Economic development is critical for poverty alleviation and HDF’s strong and tested model of holistic development program will be instrumental in achieving this goal. PMN is an association of retail micro-finance providers collectively accounting for over 99% of the total micro-finance outreach in Pakistan.

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Ramon Magsaysay Award 2021 for Founder of Akhuwat

Heartiest congratulations Dr. Muhammad Amjad Saqib. The Ramon Magsaysay Award 2021 also known as Asia’s Nobel Prize has been presented to Akhuwat Foundation’s Founder Dr. Muhammad Amjad Saqib.
Chairman The NGO World says that Dr. Muhammad Amjad Saqib is the pride of Pakistan. His foundation has achieved marvelous success by establishing the biggest network of interest-free loans in the world. Akhuwat programs are helping the poor to come out of the poverty cycle.