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 that have been 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 Philippines 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 provide a hand up to these families. The partnership is also further affirmation of our commitment to the Philippines as a key market for Arowana.”