Giving back: Initiative aimed at eradicating poverty launched
Bank Alfalah’s leadership team will provide technical volunteer for Acumen’s investee companies.
Jacqueline Novogratz, founder and CEO of Acumen Fund addressing a seminar organised by Bank Al-Falah in Karachi, on November 25, 2013. PHOTO: PPI
KARACHI:
Bank Alfalah and Acumen have launched a project called “Eradicating poverty through entrepreneurship in Pakistan,” which will be based on a $40,000 grant, as part of the bank’s corporate social responsibility (CSR) programme.
The initiative was announced at a press conference addressed by Acumen CEO Jacqueline Novogratz and Bank Alfalah CEO Atif Bajwa. It may become a multi-year programme based on impact assessment at the end of the first year of the project.
As part of the programme, Bank Alfalah will provide multi-pronged support to investee companies of Acumen – a non-profit global venture fund that uses entrepreneurial approaches to solve poverty problems – with the aim of positively impacting poverty alleviation.
Bank Alfalah’s leadership team will provide technical volunteer for Acumen’s investee companies.
Published in The Express Tribune, November 26th, 2013.
Bank Alfalah and Acumen have launched a project called “Eradicating poverty through entrepreneurship in Pakistan,” which will be based on a $40,000 grant, as part of the bank’s corporate social responsibility (CSR) programme.
The initiative was announced at a press conference addressed by Acumen CEO Jacqueline Novogratz and Bank Alfalah CEO Atif Bajwa. It may become a multi-year programme based on impact assessment at the end of the first year of the project.
As part of the programme, Bank Alfalah will provide multi-pronged support to investee companies of Acumen – a non-profit global venture fund that uses entrepreneurial approaches to solve poverty problems – with the aim of positively impacting poverty alleviation.
Bank Alfalah’s leadership team will provide technical volunteer for Acumen’s investee companies.
Published in The Express Tribune, November 26th, 2013.