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Mohammad Ali (@ChaudhryMAli88) 2 minutes ago Mon 06th May 2019 | 08:09 PM
Nestle Pakistan and Akhuwat on Monday signed a Memorandum of Understanding (MoU) to empower Nestle Rural Women Sales Agents, enrolled under the Benazir Income Support Programme (BISP)
LAHORE, (UrduPoint / Pakistan Point News - 6th May, 2019 ) :Nestle Pakistan and Akhuwat on Monday signed a Memorandum of Understanding (MoU) to empower Nestle Rural Women Sales Agents, enrolled under the Benazir Income Support Programme (BISP).
For the purpose, the company provided Rs 2 million to Akhuwat to extend interest-free loans to the company-affiliated BISP beneficiaries in expanding their businesses in areas of Okara, Sheikhupura and Pindi Bhattian.
Speaking at the MoU-signing ceremony here, Company Chief Officer (CEO) Pakistan Freda Duplan said, "Today is a big day for our rural women sales agents as this partnership will allow them to avail interest-free micro-loan facility. It has been observed, when women have the power to make, spend, save and control their own money, they make gains not only for themselves but also for their families and communities." The company's BISP rural women sales programme, based on public-private partnership, focused on pulling the women benefiting from BISP out of poverty, besides creating sustainable solutions for addressing some of their key issues such as malnutrition and lack of livelihood opportunities.
To date, it has graduated 500 beneficiaries and this number would increase to 5,000 in the next three to four years.
Akhuwat CEO Dr Amjad Saqib was confident that the partnership would enable women to scale up their entrepreneurial ventures and eventually pull themselves out of poverty.
The company's Head of Corporate Affairs Waqar Ahmad spoke about the company's creation of shared value (CSV), long-term approach through collective action, and said that partnerships and support of stakeholders could ensure sustainable economic value in line with UN Sustainable Development Goals.
https://www.urdupoint.com/en/pakistan/nestle-akhuwat-to-empower-bisp-women-benefic-614679.html
Nestle Pakistan and Akhuwat on Monday signed a Memorandum of Understanding (MoU) to empower Nestle Rural Women Sales Agents, enrolled under the Benazir Income Support Programme (BISP)
LAHORE, (UrduPoint / Pakistan Point News - 6th May, 2019 ) :Nestle Pakistan and Akhuwat on Monday signed a Memorandum of Understanding (MoU) to empower Nestle Rural Women Sales Agents, enrolled under the Benazir Income Support Programme (BISP).
For the purpose, the company provided Rs 2 million to Akhuwat to extend interest-free loans to the company-affiliated BISP beneficiaries in expanding their businesses in areas of Okara, Sheikhupura and Pindi Bhattian.
Speaking at the MoU-signing ceremony here, Company Chief Officer (CEO) Pakistan Freda Duplan said, "Today is a big day for our rural women sales agents as this partnership will allow them to avail interest-free micro-loan facility. It has been observed, when women have the power to make, spend, save and control their own money, they make gains not only for themselves but also for their families and communities." The company's BISP rural women sales programme, based on public-private partnership, focused on pulling the women benefiting from BISP out of poverty, besides creating sustainable solutions for addressing some of their key issues such as malnutrition and lack of livelihood opportunities.
To date, it has graduated 500 beneficiaries and this number would increase to 5,000 in the next three to four years.
Akhuwat CEO Dr Amjad Saqib was confident that the partnership would enable women to scale up their entrepreneurial ventures and eventually pull themselves out of poverty.
The company's Head of Corporate Affairs Waqar Ahmad spoke about the company's creation of shared value (CSV), long-term approach through collective action, and said that partnerships and support of stakeholders could ensure sustainable economic value in line with UN Sustainable Development Goals.
https://www.urdupoint.com/en/pakistan/nestle-akhuwat-to-empower-bisp-women-benefic-614679.html