FDH Bank plc has handed over K200 million to help Cyclone Freddy survivors who lost houses to rebuild them in Chiradzulu and Phalombe districts.
The handover ceremony took place at the financial institution’s headquarters in Blantyre Thursday.
Speaking during the ceremony, FDH Bank Managing Director Noel Mkuluchi said the money has been sourced from the bank and from its members of staff who, every Friday, were contributing something for 10 weeks.
The bank gave Chiradzulu and Phalombe district councils K70 million each, K30 million to Habitat for Humanity and K30 million will be spent to build houses through other partners.
“FDH Bank plc has a robust CSR portfolio under the umbrella FDH Cares with four pillars; our community, our people, our economy, and our environment. I urge all of us to work together to help the people that were worst hit by the disaster,” Mkulichi said.
Phalombe District Commissioner Douglas Moffat thanked the bank for the support, saying the money will help to build 10 disaster-resilient houses for each district council.
He indicated that the situation is still bad in the district as over 300 households are living below standards such as having a proper shelter, food and over 174,000 people are struck with hunger.
“I am very happy to represent the district in receiving the support we have gotten because they are bringing back life to the victims as housing is not a luxury, but a basic need,” Moffat said.
Ealier this year, FDH Bank plc provided emergency relief packages to Phalombe, Mulanje, Thyolo, Chiradzulu, Chikwawa, Blantyre, Mangochi, Nsanje, Zomba and Mwanza councils worth K100 milllion.