By Eric Akasa
Commercial Bank of Africa (CBA) today,
20th July 2012 entered into a partnership with SOS Children’s Villages
Kenya as part of the firm’s Corporate Social Responsibility (CSR) program.
CBA is one of the largest
privately-owned Kenyan banks, whose primary focus is Corporate, Institutional
and Personal Banking. The bank is particularly active in providing a comfortable,
elegant and secure environment for our corporate clients, institutional
clients, foreign missions, NGOs and the aspirational end of the personal
banking market to transact their financial business.
“The partnership with SOS Children’s
Villages Kenya is a great illustration of the Bank’s commitment to serving
communities in which it operates. CBA’s CSR program places strong emphasis on
education and are convinced that education is a means to empower children to
become active participants in the transformation of their societies. Education
is the essential path to get out of poverty.” Notes Jeremy Ngunze, CBA Group
Head of Business Management.
“This focus on education is one of
the reasons why SOS Children’s Villages Kenya was considered a natural partner
for the Bank.”Says Ngunze. “As a bank we are not only interested in pursuit of
material wealth, but rather the appreciation of a life rich with experience,
lived by those who aspire to reach the pinnacle of self-actualization through
education. When we were seeking out possible community-based organizations to
support”,our principle driver, first and foremost, was credible and trusted
NGOs with measurable and robust track records in community development work.” he
explains, We also wanted to focus on a CBO with a strong and dynamic education
program. As one of the oldest, most trusted NGOs in Kenya – with homes and
educational facilities that continue to positively impact the lives of hundreds
of children and youth, SOS Children’s Villages was a natural choice.”
Ruth Okowa, the SOS Children’s
Villages Kenya National Director, concurs. “We are delighted that our
discussions with CBA have culminated in this positive, long term partnership.”
As part of this agreement, CBA will participate in the organization’s Adopt-a-House
scheme, in which corporates contribute KES 900,000/- towards the general upkeep
of 10 SOS Children every year. Ruth Okowa also explains that “taking care of
our society’s orphaned and abandoned children is a shared responsibility…we
play our part in offering quality care to the hundreds of vulnerable children
under our care, but we rely on friends and partners to help us meet the high
costs involved. This crucial support from CBA will, therefore, ensure that the
housing, education, nutritional and medical costs of 10 of our children are
covered for a whole year.”
In agreeing to participate in the
SOS Children’s Villages Kenya Adopt-a-House scheme, CBA will be joining several
other partners who already actively support this program.
SOS Children’s Villages is the
largest child welfare organization in the world. Founded in Austria in 1949,
the organization provides quality long-term care for orphaned and vulnerable
children through its Children’s Villages, SOS Schools, Family Strengthening
Programs, Socia
and Medical Centers. In Kenya, SOS
Children’s Villages is active in Nairobi, Mombasa, Eldoret, Meru, Kisumu and
Marsabit. Our mission is to build families for children in need, helping
them shape their own futures. We also share in the development of the
communities our children come from.
To date over 10,000 children and
youth have benefited from our programs and interventions, with over 1,000
currently under our care. CBA’s sponsorship will benefit 10 SOS Children from
the newly opened SOS Children’s Villages Kisumu.
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