On April 22, 2018 FBL Pakistan held a graduation ceremony for the beneficiaries of the Tailoring Classes in Karachi, Pakistan. The function was held at Gul-E-Rana Nusrat Community Center near FBL Office/Training Center.
Mr. Amin Tejani, Chairman, Social Welfare Board for USA was the keynote speaker. The Program started with reading of verses of Quran followed by its translation.
Mr. Jalal Morani, a trustee of FBL Pakistan, welcomed the guests; followed by Presentation FBL’s work using variety of vehicles to alleviate poverty.
In his remarks, Mr. Amin Tejani admired the work of FBL and advised the passing graduates to work hard and save money. He reminded them that it was just the beginning and not an end. He went on further and told them to use the saved money for
Ms. Mahmooda Afroz, the principal of Nursing College of Lady Dufferin Hospital spoke and shared the expressions on the faces of of the beneficiaries receiving their first pay check which brought tears of joy in the eyes of audience.
Later the certificates were distributed to the passing grads and Beneficiaries of Midwifery School were also recognized. The program was ended with a vote of thanks by FBL Trustee, Mr. Iqbal Parvez and light refreshment was served to the students and guests.
The other important even took place in April was the signing of Memorandum of Understanding. Under this MOU, The First Micro Finance Bank will grant loans up to 100,000 rupees to FBL selected beneficiaries to start their new business or stabilized and improve their businesses. These loans are interest free and the beneficiaries will be charged only 4% service fees by FMFB for servicing the loan accounts. The total aggregate lending limit is set for Ten Million Rupees loans for FBL beneficiaries.
FBL is providing education, skills, and other services to alleviate poverty. Currently it is working in Pakistan and Tajikistan. Over 800 families have been supported since year 2010. Currently over 50 students of Midwifery, Nursing and BSN are being supported in Pakistan, mostly from Chitral. Your Donation given to FBL is tax deductible under section 501 (c) 3.
