Lifestyle

BARD Foundation collaborates with Akhuwat to uplift marginalized female entrepreneurs

The onset of the pandemic saw, Bilquis and Abdul Razak Dawood (BARD) Foundation conducting a fundraising campaign, aiming to aid the affectees from marginalized communities through the distribution of ration packs, PPEs & sanitizers.

With Covid 19 wreaking havoc on the economy, more and more people have been pushed below the poverty line. Keeping that in mind, ration packs containing a month’s supply of staple food items were distributed among the needy. In an effort to curb the spread of this deadly virus, PPE kits and sanitizers were distributed amongst the marginalized communities and all the front-line workers.

BARD Foundation has now collaborated with Akhuwat to disburse a substantial amount of these funds as interest-free loans to empower the Covid affected female entrepreneurs, who would not otherwise have access to capital to pursue their goals.

Akhuwat aims to decrease poverty and encourages socially and economically marginalized families by providing them interest-free microfinance loans so that they are able to lead a stable life and do not remain a dependent part of society. It also works with the aim to provide women with a life of dignity and make them independent and empowered.

Related Post

BARD Foundation’s board member, Mehreen Dawood said, “This collaboration will prove to be effective against a corona wrecked economy and would help facilitate the progress of female entrepreneurship in Pakistan.”

The target of this joint effort was to bring relief to the community most affected due to the Covid affected economy and to empower female entrepreneurs, allowing them to become a contributing factor in society’s progression.

 

 

NewsDesk

Recent Posts

  • Latest News

PTI rejects the Commission of Inquiry constituted to probe the contents of the judges’ letter

Pakistan Tehreek-e-Insaf (PTI) has rejected the formation of an inquiry commission by the federal government…

15 hours ago
  • Celebrity News

Did Agha Ali confirm his separation by revealing he is living alone? Netizens think so

Did Agha Ali confirm his separation from Hina Altaf by revealing that he is living…

16 hours ago
  • Celebrity News

Sahiba finally meets her biological father for the first time in her life

Sahiba has met her biological father for the first time in her life! The emotional…

16 hours ago
  • Bollywood News

Aditi Rao Hydari and Siddharth are now engaged!

Bollywood actors Aditi Rao Hydari and Siddharth are engaged! As reported, Aditi Rao Hydari and…

16 hours ago
  • Latest News

KSE-100 index hits new all-time high of 67,142 points

The KSE-100 index hits a new all-time high of 67,142 points on Thursday. The Pakistan…

23 hours ago
  • Latest News

Magnitude 5.3 earthquake jolts northern areas of Pakistan

A magnitude 5,3 earthquake jolted northern areas of Pakistan on Thursday at around 4 pm.…

23 hours ago