Soccer Aid raises over £2 million for UNICEF

first_imgSoccer Aid raises over £2 million for UNICEF AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis The money raised by Soccer Aid will fund UNICEF’s work with its partners to support children affected by HIV/AIDS, malaria, malnutrition, lack of education, lack of clean water and abandonment. UNICEF UK Executive Director David Bull said: “Soccer Aid is a great achievement for children across the world. I would like to thank everyone involved especially the British public for their enormous generosity. UNICEF’s work relies entirely on voluntary donations and because of Soccer Aid we will be able to reach hundreds and thousands of vulnerable children to give them the best possible chance in life.”The Soccer Aid donation lines will remain open until 4 June 2006. Tagged with: Events Recruitment / people Research / statistics Howard Lake | 31 May 2006 | Newscenter_img Soccer Aid has raised more than twice as much as UNICEF, the United Nations Children’s Fund, expected.Soccer Aid, created by singer Robbie Williams, involved teams of celebrities and “football legends” training and then playing in a match at Old Trafford. The project was broadcast daily on ITV1 and ITV2, from 22-27 May. Individual contributions totalled £1.2 million in response to the UNICEF appeal films shown every night as part of the programme. Proceeds from the match at Old Trafford, including net profits from ticket and programme sales, raised almost £1 million with a further £300,000 donated by ITV from viewer participations via competition phone lines and text messaging. Advertisement  21 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

BRI restructures 2.8 million loans to MSMEs to cushion virus impact

first_img“Our goal is to leverage Rp 30 trillion in loans over three months to boost the economic strength of MSMEs and keep our economic engine running,” Sunarso said in a statement.Small and medium enterprises, which provide more than half of the country’s gross domestic product (GDP), have been hit severely by the pandemic as Indonesia’s economic growth slowed to 2.97 percent in the first quarter of 2020.The government has allocated Rp 123.46 trillion of the total Rp 695.2 trillion in COVID-19 response funding to aid small businesses and cooperatives during the ongoing global health crisis.It previously channeled Rp 11.84 trillion of the program’s budget to MSMEs in the form of debt restructuring funds, investment funds for cooperatives through the Revolving Fund Management Agency (LPDB) and microcredit program (KUR) interest subsidies. Of the Rp 24 trillion in loans disbursed by BRI, Rp 18 trillion has been channeled to micro-businesses while Rp 4.8 trillion has been given to small businesses, according to the bank’s micro-business division head, Made Antara Jaya, on July 30.“We are providing additional capital to MSMEs, which have been affected by the pandemic but are still financially resilient,” Made said.The state-owned bank has also provided an additional Rp 752.2 billion in interest subsidies to 5.2 million KUR and non-KUR accounts.State-Owned Enterprises (SOEs) deputy minister Kartika “Tiko” Wirjoatmodjo previously said that state-owned banks had collectively disbursed Rp 43.5 trillion in working capital loans from the fund provided by the government.The figure was 145 percent of the total Rp 30 trillion provided by the government in June, which was intended to be channeled into loans to shield businesses from the impact of the COVID-19 pandemic.Finance Minister Sri Mulyani recently said the government was working on a plan to transfer working capital directly to MSMEs that had yet to receive access to financing from banks.The government has also disbursed credit insurance premiums worth Rp 5 trillion to state-owned credit insurers PT Jaminan Kredit Indonesia (Jamkrindo) and PT Asuransi Kredit Indonesia (Askrindo) to guarantee working capital loans of Rp 100 trillion and help MSMEs survive the pandemic.Topics : State-owned Bank Rakyat Indonesia (BRI) has restructured 2.88 million loans to micro, small and medium enterprises (MSME) worth Rp 179.17 trillion (US$12.35 billion), a bank executive has said.BRI president director Sunarso said on July 29 that the company had also granted Rp 24 trillion in loans to MSMEs that had been greatly affected by the COVID-19 pandemic. The loans were disbursed to 565,000 MSMEs and sourced from the government’s national economic recovery (PEN) fund.The government placed a total of Rp 30 trillion into the Association of State-Owned Banks (Himbara) on June 24, of which BRI received Rp 10 trillion.last_img read more