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Date: 2024-04-28 Page is: DBtxt003.php txt00004147

Energy
Microfinance

Buksh Foundation in Pakistan Awarded Best Practice Award for its Solar Loan Initiative!!

Burgess COMMENTARY

Peter Burgess

Peter Burgess
Buksh Foundation Awarded for its Solar Loan Initiative!!
Buksh Foundation
Wed, Feb 27, 2013 at 6:01 AM
Reply-To: fiza.farhan@bukshfoundation.org
To: peterbnyc@gmail.com

The Technical Advisory Committee & Jury for the Dubai International Award for Best Practices (DIABP) 2012 has awarded Buksh Foundation's Pioneering Clean Energy Lending (CEL) Movement in Pakistan as a 'Best Practice', applauding its significant work in improving the living environment.

Ms. Fiza Farhan, CEO Buksh Foundation states that:

'It took a lot of time to set up the right business model because it's not only about financing, it's about the product, the quality assurance of the product, and having the right product for a particular client. It's about awareness and education, and after-sales service, as well. For us, it is about being part of a clean energy movement, not just doing clean energy lending.'
Buksh Foundation's CEL movement has been added to the Best Practices Database (http://www.unhabitat.org/bp/) as a way of promoting global exchange, learning and replication in developing countries like Pakistan. Buksh Foundation is also the only MFI in the country providing 360 degrees holistic energy solutions to the impoverished population helping them become stronger and more independent entrepreneurs. .

Courtesy
Technical Team
Buksh Foundation

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