BR100 Increased By (1.02%)
BR30 Increased By (1.71%)
KSE100 Increased By (0.58%)
KSE30 Increased By (0.65%)
BECO 6.03 Increased By ▲ 0.26 (4.51%)
BML 52.61 Decreased By ▼ -0.39 (-0.74%)
BOP 34.23 Increased By ▲ 0.24 (0.71%)
CNERGY 8.16 Increased By ▲ 0.05 (0.62%)
DCL 12.23 Increased By ▲ 0.03 (0.25%)
FCCL 53.80 Increased By ▲ 0.97 (1.84%)
FCSC 5.24 Increased By ▲ 0.17 (3.35%)
FFL 18.03 Increased By ▲ 0.08 (0.45%)
FNEL 1.30 Increased By ▲ 0.01 (0.78%)
HUMNL 11.00 Increased By ▲ 0.12 (1.1%)
KEL 8.07 Increased By ▲ 0.05 (0.62%)
KOSM 5.39 Decreased By ▼ -0.13 (-2.36%)
MLCF 87.90 Increased By ▲ 1.39 (1.61%)
NBP 186.60 Increased By ▲ 1.44 (0.78%)
PACE 10.75 Increased By ▲ 0.17 (1.61%)
PAEL 39.95 Increased By ▲ 0.53 (1.34%)
PIAHCLA 26.19 Decreased By ▼ -0.03 (-0.11%)
PIBTL 17.32 Increased By ▲ 0.65 (3.9%)
PPL 233.49 Increased By ▲ 5.31 (2.33%)
PRL 34.98 Increased By ▲ 0.30 (0.87%)
PTC 67.71 Increased By ▲ 2.38 (3.64%)
SEARL 90.90 Increased By ▲ 0.77 (0.85%)
SSGC 27.20 Increased By ▲ 0.60 (2.26%)
TELE 8.57 Increased By ▲ 0.29 (3.5%)
THCCL 60.85 Increased By ▲ 2.35 (4.02%)
TPLP 8.78 Increased By ▲ 0.56 (6.81%)
TREET 24.65 Increased By ▲ 0.12 (0.49%)
TRG 71.50 Increased By ▲ 1.79 (2.57%)
WAVES 10.01 Increased By ▲ 0.07 (0.7%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)

LAHORE: Employees of Nestle Pakistan, through a donation drive, raised PKR 6 million in cash donations, which will be extended to Akhuwat Islamic Microfinance for flood rehabilitation efforts across Pakistan.

Nestle invited its employees to make voluntary donations, which resulted in raising PKR 3 million. This was matched 1:1 by the company and a total of PKR 6 million was raised. This fund is named as the Nestle Rehabilitation Fund in partnership with Akhuwat, to extend interest-free loans to the flood-victims for rehabilitation purposes.

Sharing his views during the Employee Donation Ceremony, Samer Chedid, CEO, Nestle Pakistan said: “At Nestle, we care deeply for the communities in which we operate, and it gives me great pleasure to share that the Nestlé family shares these sentiments as well and has stepped up repeatedly to find new ways to give back. Akhuwat has been a longstanding partner and I want commend it for its relentless efforts to support people in need.”

Dr Amjad Saqib, Chairman and Founder Akhuwat said: “We are glad to partner with Nestlé and are confident that interest-free loans under the Nestle Rehabilitation Fund will help flood victims with reconstruction of damaged houses and restore them to their lives before this calamity.”

Meanwhile, to meet the nutritional needs of affectees in Sindh, Nestle is also donating 708,840 servings of NESTLE BUNYAD, a specialized nutrition formula designed to meet children’s daily iron requirement, through the Provincial Disaster Management Authority. The company had earlier donated 325,000 liters of clean drinking water and 10,000 liters of milk to National Disaster Management Authority in their relief efforts across Pakistan.

Copyright Business Recorder, 2022

Comments

Comments are closed for this article.