Dr. Muhammad Amjad Saqib won the Ramon Magsaysay Award for pioneering the idea of__________?
Correct answer: B. Interest-Free Microfinance Programme
- A. Agricultural Loans
- B. Interest-Free Microfinance Programme
- C. Both of the Above
- D. None of these
Explanation
Dr Muhammad Amjad Saqib was recognised for founding and developing Akhuwat’s interest-free microfinance model. Its loans are designed to support poor borrowers without charging interest, rather than being conventional agricultural loans.
Last updated