Muthoot Finance Ltd.’s Corporate Social Responsibility Wing – Muthoot M. George Foundation launched its educational initiative ‘Water Purifier Distribution Program’ for government schools in Madurai. The educational initiative is part of one of the Corporate Social Responsibility activities undertaken by the company for FY 2014-15.
The Water Purifier distribution for 2014 was inaugurated by the District Collector of Madurai Dr. L Subramanian in the presence of Mr. George Jacob Muthoot, Joint Managing Director, The Muthoot Group and the Chief Educational Officer Mr. J. Angelo Irudhayasamy. The other officials present during this occasion included Mr. V Surianarayanan, Regional Manager, Muthoot Finance Ltd., Mr. Babu John Malayil, AGM, Corporate Communications, Muthoot Finance Ltd. along with the Head Masters/Mistresses, Students, Parent-Teacher Association members, teachers and others.
The program is a pilot activity undertaken by the company for Madurai government schools and will be extended to all government schools of Tamil Nadu in the near future.
The District Collector appreciated the CSR activities of The Muthoot Group. He appealed to donate 40 more water purifiers to the deserving Government Schools in Madurai District. The company has agreed to render this service as per the Collector’s advice shortly.
Mr. George Jacob Muthoot in his address said ”It has been our constant endeavour to make significant contributions towards an equitable and sustainable society. Through this initiative, our prime objective is to be able to provide safe drinking water facility to children of the deprived class who constitute the main student population of the Government Schools. We will remain duly committed to our obligations to our society and will ensure that our efforts towards it remain constant and enduring in the near future too.”
Some of the major CSR Activities conducted by us are as follows:
Muthoot Finance has started a healthcare outreach program called Muthoot Snehasraya in Kerala, the project encompasses of a High Tech Mobile Ambulance which will help in prevention and early detection of Kidney-related diseases, diabetes and Hypertension ailments.
Muthoot Finance is also helping many Kidney patients by way of dialysis. Last year, we helped 1500 individual cases for dialysis.
We have in collaboration with Kerala & Tamil Nadu Kidney Research Foundation established an Award for the Best Researcher in Kidney Diseases Prevention Methods.
Apart from this, we have provided scholarships to the 10th standard toppers of the Government Schools in the states of Kerala, Karnataka & Andhra Pradesh. 600 students were covered under the programme last year. This year, the Excellence Awards would be extended to 1000 Government schools of Kerala and 400 schools each in Karnataka and Andhra Pradesh.
We have also donated an ambulance to General Hospital, Ernakulam to help many poor patients in emergency situations.
As part of Individual Social Responsibility, we have a Blood Bank named “Muthoot Navajeevan” which includes the details of employees interested in donating blood. Through this initiative, we have helped a number of patients meet their emergency needs.
Our employees are also participating in the organ donation program started by the Government of Kerala.