KFH signs cooperation agreement with ‘Agrivage’
Move reflects bank’s commitment towards youth, environment
KUWAIT CITY, May 13: Kuwait Finance House (KFH), has signed a cooperation agreement with ‘Agrivage’; a startup business created by a group of Kuwaiti students, with the purpose of preserving the environment by recycling food waste and converting it into usable rich soil.
This comes as part of KFH social responsibility and commitment towards the youth initiatives and the environment.
‘Agrivage’ won coveted award INJAZ-Kuwait award, INJAZ AlArab award in addition to the honoring by His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah. ‘Agrivate’ initiative is considered as highly important especially in the Holy Month of Ramadan.
KFH support to ‘Agrivage’ and the signing of the cooperation agreement as the first institution in the private sector confirms the great interest KFH attaches in the activities of interest to the environment in collaboration with the concerned parties.
KFH pays great attention towards keeping the environment clean and healthy. The Bank uniquely sponsored a pioneering environmental project Umnia for Plastic bottles recycling. This small project has now become a factory for recycling. It participated in many other environmental activities and events such as cleaning the beaches, planting of greenery and holding events for school students to encourage planting and greening.
Meanwhile, ‘Agrivage’ team said on the sidelines of the agreement: “we would like to take this opportunity to thank KFH for the support. This reflects the pioneering role in sponsoring the youth initiatives that reiterates the leadership in assuming the social responsibility.”