Page 80 - Interloop Sustainability Report 2019
P. 80

COMMUNITY DEVELOPMENT







            Education

            Primary & Secondary
            Education


            In order to bring a positive & lasting
            change in the community by educating
            the youth, especially underprivileged,
            Interloop Welfare Trust, in May
            2009 partnered with THE CITIZENS
            FOUNDATION; the largest non-profit
            organization in Pakistan, providing
            quality education to the disadvantaged.
            So far, Interloop has established 24
            schools (14 primary, 9 secondary & 1

                                                                              TCF Rahbar Program                                          Scholarship Program for          Endowment Fund at Lahore         Scholarship & Internship
                                                                                                                                          Cadet College, Hasan Abdal       University of Management         Program for Government
                                                                              From 2012 onwards, executives from                                                           Sciences (LUMS)                  College Women University,
                                                                              Interloop Limited regularly volunteer                       Cadet College Hasan Abdal (CCH) has                               Faisalabad
                                                                              for the TCF Rahbar Program, twice a                         been a trendsetter for quality education   Since May 2013, Interloop Limited,
                                                                              year, to mentor class 8 and 9 students                      boarding schools for boys in Pakistan.   through its Endowment Fund at the   As part of its on-going endeavors
                                                                              about developing a positive mind set in                     Interloop established a Scholarship   Lahore University of Management   for women empowerment, Interloop
                                                                              life and making better career choices.                      Fund in April 2016 and is supporting   Sciences, is providing 8 perpetual   Limited, since May 2015, has instituted
                                                                              Till now, 130 Interloop Executives have                     5 financially challenged cadets, for   scholarships to financially challenged   120 Scholarships for deserving
                                                                              voluntarily mentored 580 students at                        complete 5 academic years.       Bachelor Degree students, under the   female Bachelor Degree students,
                                                                              TCF-Interloop Schools to help them                          Higher Education                 National Outreach Program.       at the Government College Women
                                                                              make confident decisions in life.
                                                                                                                                          Interloop is pursuing its target of
                                                                                                                                          providing 500 young men & women
                                                                                                                                          access to technical and higher
                                                                                                                                          education, by granting annual
            higher secondary; separate campuses                                                                                           scholarships at various institutions,
            for boys and girls) and is constructing                                                                                       including Government College
            3 more, totaling to 27, in the rural                                                                                          University, Ripha International
            areas around Faisalabad city. These                                                                                           University, National Textile University,
            schools are managed by female staff                                                                                           University of Central Punjab, NUST
            and provide quality formal education                                                                                          Pakistan, NFC University and University
            to 3,400 less privileged children,                                                                                            of Sargodha, in Pakistan, and
            50% girls, in an environment that                                                                                             University of Vaasa, Finland.
            encourages intellectual, moral and
            spiritual growth. Interloop has created
            an endowment for supporting lifetime
            operating cost of 16 schools and
            also provides funds for managing
            annual operational cost of remaining 8
            schools.
       78  Interloop Limited                                                                                                                                                                                                Sustainability Report 2019  79
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