Centum Investment Company, East Africa’s leading and largest investment firm has over the years played a positive role in uplifting the livelihoods of people/ communities around them by operating in ways that enhance society and the environment instead of contributing negatively to them through its initiative dubbed ‘Centum Foundation’. The purpose of this Foundation is to consolidate, mobilize and scale the group’s Corporate Social Initiatives.
For instance, the Foundation connected about 10,000 residents of Githogoro slum in Kiambu County to clean water amid the coronavirus pandemic.
The Nairobi Securities Exchange (NSE) listed firm also offered food hampers, packaged to last families two weeks, to some 3,000 households whose livelihood were affected by the movement restrictions imposed to halt the spread of infections.
The donations were distributed by the Foundation and Centum’s subsidiary Vipingo Development Limited.
“Centum’s goal is to ease the pain for thousands of Kenyans who are struggling to put a meal on the table at this difficult time, if we all come together, we’ll overcome this pandemic,” said the Centum Chief Executive Officer (CEO) James Mworia in a statement.
“The donation will be done in collaboration with the County Government of Kiambu,” he added.
“Residents of Githogoro, adjacent to Centum’s Two Rivers Mall, will get four 10,000-litre tanks and fifty 100-litre tanks in the Sh3 million water project intended to help improve hygiene standards in the settlement, a key factor in curbing the spread of Covid-19”.
“The Covid-19 pandemic marks an unprecedented time in modern history that will require the best of humanity to overcome. Our contribution as Centum Foundation to this fund will support immediate and long-term relief and recovery in vulnerable communities during one of the most challenging times we have collectively faced,” said Mr Mworia.
The coronavirus pandemic has disrupted the livelihood of millions of people across the country and globally as businesses close, suspend workers and cut salaries.
The government has rallied companies and wealthy individuals to give donations towards cushioning Kenyans from the Covid-19 pandemic effects.
Centum is an investment channel providing investors with access to a portfolio of inaccessible, quality, diversified investments.