Karachi, 16 July 2013: Coca-Cola
Pakistan in collaboration with Buksh Foundation has electrified 10 off-grid
villages in the Sahiwal District of Punjab via the solar energy project,
Lighting a Million Lives (LaML). Through this initiative a population of 2,500
individuals has been impacted while creating 10 female solar energy
entrepreneurs thus directly promoting female empowerment in rural communities,
increasing labour force and stirring a new form of economic activity at the
bottom of the pyramid.
Fighting the energy
poverty state in these villages, the project enables economically disadvantaged women in rural areas to
become micro entrepreneurs endorsed by the name of “Roshna Bibi – The Light
Lady”. These light ladies charge lanterns during the day and then rent each
lantern out at Rs. 4 per day. This enables the villagers to work till late thus
generating sustainable income and facilitating children to study at night.
Farmers now work after dusk which enables them to look after their crops for a
longer period of time. Most importantly, the dispensaries and health care
benefit the most thus substantially decreasing the female & child mortality
rates in these areas.
Speaking about the
partnership, Mr. Fahad Qadir, Director Public Affairs
& Communication, Coca-Cola Pakistan & Afghanistan stated:
“Through
this partnership Coca-Cola and Buksh Foundation have demonstrated that in
a country where there is lack of female empowerment, a simple thing as
providing families with solar lanterns can empower communities and enhance
their ownership in successful projects like these”
Ms Fiza Farhan, CEO of Buksh
Foundation states:
“The
project with its multifold benefit model, has not only helped in providing a
sustainable energy alternative, but has also encouraged female empowerment,
increased economic capacity of the rural areas, created literacy about the
needs for environmental friendly energy alternatives and the benefits they
provide.”
Coca-Cola
Pakistan has made significant contributions to various community development
projects in Pakistan through its CSR initiatives. Their CSR Portfolio consists
of sustainable agriculture, environment and water conservation, women economic
empowerment, education as well as philanthropic efforts such as relief efforts and
various other social projects around the country. Partnership in the LaML
project is Coca-Cola Pakistan’s first initiative towards rural energy provision
in the country, which proclaims a multifold benefit model around the village
community.
Through LaML 72
villages in the districts of Sahiwal, Mianwali, Lodhran, Dera Ghazi Khan, Dera
Ismail Khan, Bahawalpur and Chiniot have already been electrified impacting
approximately 25,000 lives in total. The project plans to light 4,000 villages and impact 1 million
lives in the next 3 years in Pakistan, with some of the recent scheduled
projects include electrifying the villages in Khyber Pakhtunkhwa.
About
The Coca-Cola Company
The Coca-Cola Company (NYSE: KO)
is the world's largest beverage company, refreshing consumers with more than
500 sparkling and still brands. Led by
Coca-Cola, the world's most valuable brand, our Company's portfolio features 15
billion-dollar brands including Diet Coke, Fanta, Sprite, Coca-Cola Zero,
vitaminwater, Powerade, Minute Maid, Simply, Georgia and Del Valle. Globally,
we are the No. 1 provider of sparkling beverages, ready-to-drink coffees, and
juices and juice drinks. Through the
world's largest beverage distribution system, consumers in more than 200
countries enjoy our beverages at a rate of 1.8 billion servings a day. With an enduring commitment to building
sustainable communities, our Company is focused on initiatives that reduce our
environmental footprint, support active, healthy living, create a safe,
inclusive work environment for our associates, and enhance the economic
development of the communities where we operate. Together with our bottling partners, we rank
among the world's top 10 private employers with more than 700,000 system
associates. For more information,
visit Coca-Cola Journey at
www.coca-colacompany.com, follow
us on Twitter at twitter.com/CocaColaCo or check out our blog,
Coca-Cola Unbottled, at www.coca-colablog.com.
About Buksh Foundation
Buksh Foundation: Buksh
Foundation is a dynamic microfinance organization set up with the vision of
scaling financial services in Pakistan bringing a particular focus on access to
women, growth in rural markets and technological innovations. Operational since
May 2009, the foundation has successfully completed 3 years testing unique
innovations in the field of Microfinance. It believes in incorporating both
innovations and best global practices together, to fulfill the huge outreach
gap of 8% prevalent in Pakistan. BF aims to differentiate itself from other
local organizations by rejecting the charity based approach towards development
but focusing on impact investment. The vision is to
transform the myopic view of 'micro-credit' only to a meaningful 'microfinance'
package so that a significant difference can be made in the lives of targeted
recipients. This comprises of generating innovations in lending, outreach,
product development and services delivery. Lighting a Million
Lives project is one of its most intuitive and impact
oriented grant project.











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