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LuLu Exchange lends helping hand to Philippines disaster relief fund
November 25, 2013, 5:36 pm
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LuLu Exchange Company WLL, the leading remittance company in the State of Kuwait, has come forward to extend aid to the Central Philippines, which was battered by super typhoon "Yolanda" (Haiyan). The company mobilized financial and material aid to be sent over to the victims of the natural disaster.

LuLu Exchange Company WLL in conjunction with LuLu Exchange Group has donated supplies including canned food and fresh water, medicine and warm clothes to the affected, through BDO Foundation, the Philippines based NGO. Mr. Adeeb Ahamed, CEO of LuLu Exchange Company symbolically handed over the first consignment of relief goods to a Banco de Oro bank representative on Tuesday.

“My heart goes out to those family members who were left by their loved ones. Recognizing the seriousness of the catastrophe, LuLu Exchange Group is providing financial, food and material assistance to those affected by the typhoon. First weeks after the disaster is the most critical when it comes to providing supplies and ground support. Humanitarian support is a key layer of our organizational foundation and we urge all those who can help to donate to the relief fund.” Mr. Adeeb Ahamed said.

“In addition, we make a difference by providing many customers the opportunity to send funds to the Philippines that can be then used to help those impacted by the unfortunate natural disaster. The outpouring of support for the Philippines by LuLu colleagues throughout our operations is truly heartwarming and makes me proud to be a LuLuite”, Mr. Adeeb added.

The staffs of the remittance and foreign exchange major have been organizing fund raising activities and received generous voluntary donations to help support the ongoing relief efforts in the Philippines. The entire amount collected through the donation would go to the charities and rescue operations in Philippines.

LuLu Exchange Company has often been able to respond swiftly to disasters anywhere in Asia, providing physical and mental relief as well as material aid. The company had earlier initiated similar CSR and charity drives to rehabilitate the victims of 2013 North Indian floods and Philippines floods of 2012 natural calamities. LuLu Exchange Company has associated with Western Union Worldwide Remittance Services’s decision to waive off the sending fees to Philippines starting from 15th November to 30th November, 2013.

BDO Foundation itself has sent relief aid to a total of 35,000 families in various devastated areas and has targeted to reach as many as 60,000 families. The foundation has also charted a rehabilitation programme for the victims in its second phase.

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