Citi-PPAF Microentrepreneurship Awards 2009 program launched

August 18, 2009

Pakistan Poverty Alleviation Fund (PPAF) and Citi Foundation announced the launching of Citi-PPAF Microentrepreneurship Awards (CMA) 2009 program in Lahore.

CE/MD PPAF Mr.Kamal Hyat, Citi Country Officer/Managing Director Mr.Arif Usmani, Chief Strategy Officer PPAF Mr.Ahmad Jamal and Chief Operating Officer PPAF Mr.Kamran Akbar were present on this occasion. Huzoor Bux and Kubra Asghar, national male and female winners for CMA 2008, were also present to share their experiences.

The CMA program is held annually to recognize and reward leadership, entrepreneurial skills and best practices of individual microentrepreneurs at national, provincial and regional level. This program aims at creating awareness regarding the effectiveness of microfinance as a tool in fight against the poverty besides encouraging the award winning microentrepreneurs.

This year awards worth over US $ 55,000 would be presented in the categories of “Best National Micro-entrepreneur Male”, ‘Best National Micro-entrepreneur Female’ and four “Best Provincial Micro-entrepreneurs’, with one runner-up for each category. Special recognition awards will be also given to the respective Loan Officers and representatives of Microfinance Institutions at an elaborate event planned for later this year.

Applications received from microfinance institutions under the abovementioned categories will be screened before being passed on to members of an independent advisory panel for final interview of candidates to decide winners and runners-up.