LAHORE (Monitoring desk) True to its principal of preserving the natural environment, Khushhali Microfinance Bank has taken the initiative of the plantation and maintenance of 6,000 plants at Changa Manga, near Lahore. This initiative has been taken in partnership with the Punjab Forest department.
The Tree Plantation, which covers 8.5 acres, will entail plantation of approximately 800 trees per acre, equaling a total of 6,000 trees to help afforestation. Afforestation is highly important to maintain biodiversity and ecological balances. The plantation drive will be participated by the bank’s staff from its branches in Lahore, Kasur, Pattoki and adjacent areas who have volunteered for the tree plantation activity. As part of the drive, Khushhali Bank will also be paying for the maintenance of trees over the next 5 years by the administration of Changa Manga.
Afforestation is highly important to maintain biodiversity and ecological balances. Trees act as the natural air-purifiers and help relieve the environment. Considering the need of afforestation in Pakistan, the corporate world can contribute through CSR initiatives to help create new forests to purify the environment, maximize the carbon capture, and control the soil erosion.
President KMBL, Ghalib Nishtar, expressed his views on the occasion “KMBL has taken a leading role in embracing a greener future with its consecutive environmental initiatives across the country. This venture to plant 6,000 trees at Changa Manga is our small contribution to help afforestation, prevent global warming and pollution.
Khushhali Microfinance Bank Limited (KMBL) is Green Office Certified by WWF-Pakistan, in recognition of its efforts to implement environmentally sustainable practices within the Bank. Various other environment initiatives are taken by the Bank during the year including tree plantation activities, sponsoring of Children Camping site at the Trail 5, environment awareness initiatives and clean up drives.
Khushhali Microfinance Bank is a pioneer institution amidst Pakistan’s microfinance banking industry, having been created in 2000 to address the challenges of poverty and access to finance. Over the decades, the Bank has created a customer-focused expertise, backed by strong financial, operations and product management to invest in next generation financial and delivery management systems aimed at Pakistan’s rural and urban communities.