Arowana Impact Capital partners with Jollibee Foundation for Philippines food relief

Arowana Impact Capital has partnered with Jollibee Group Foundation to help mitigate the impact of the pandemic by promoting access to food. More than 1,000 food packs are being distributed to the families in Tondo, Manila with the help of St. John Bosco, Grameen Pilipinas, and Dana Asia. As part of a certified B Corporation, we are determined to use our business as a force for good.

AIC relief tondo

Arowana Impact Capital partners with Grameen Philippines for Relief Programme #3

The onslaught of Typhoon Ulysses, the 21st typhoon of this season, led Manila to experience its worst flooding in over a decade. With the economic impact of COVID-19 lockdowns still hurting many families, this climate event could not have come at a worse time. To help some of those affected, Arowana Impact Capital activated its third emergency food relief programme in partnership with Grameen Pilipinas, and more than 500 household survival packs were distributed.

 

typhoon
Rescuers pull a rubber boat carrying residents through a flooded street after Typhoon Ulysses hit in Marikina City, suburban Manila on November 12, 2020. (Photo by Ted ALJIBE / AFP)

Arowana Impact Capital partners with Grameen Philippines

Arowana Impact Capital, the impact asset management arm of the Arowana group, is honoured to have signed a partnership agreement with Grameen in the Philippines, Grameen Pilipinas.  The agreement has been facilitated by Dana Asia and will commence this month with the procurement and delivery of emergency food relief to families badly affected by COVID-19 lockdowns.  

Arowana’s Founder and Executive Chairman, Kevin Chin, commented: “We have followed the work of Muhammad Yunus and Grameen for over two decades and are delighted to now be able to partner with their Philippine microfinance arm in delivering sustainable impact to communities throughout the country.  We are very mindful that there are a lot of families that have been pulled below the poverty line as a result of being unable to work or operate their SME businesses due to the COVID-19 lockdowns. The emergency relief initiatives are a first step in ultimately being able to help these families.  The partnership is also further affirmation of our commitment to the Philippines as a key market for Arowana.”

10