Madrid 2,166 EUR 0 (0,09 %)
Madrid 2,166 EUR 0 (0,09 %)

COMMITMENT| 21.07.2021

Fundación MAPFRE joins the First Lady of Panama to support children’s aid program 

Thumbnail user

The funding is part of MAPFRE’s aid scheme to alleviate the impact of COVID-19 in the LATAM region, renewed this year with an additional 10 million euros. Funding will also be allocated to support soup kitchens as well as elderly people in homes.

Fundación MAPFRE has supported the Panamá Solidario: Por Nuestra Niñez project to provide food and nutrition to children aged eight and under and to the homes of elderly people. The program’s beneficiaries live in poverty and have been severely affected by the COVID-19 pandemic.

Fundación MAPFRE’s donation of 152,000 Panamanian balboas (over 128,000 euros) will be used to buy milk, cereal and disposable diapers, as well as food supplements and diapers for elderly adults in need, across various housing and canteens in Panama. This support will be provided in conjunction with the Office of the First Lady of Panama’s charitable association, which is the organization behind the program.

In the words of Yazmín Colón de Cortizo, First Lady of the Republic of Panama: “Fundación MAPFRE’s support makes a big difference in terms of extending our reach and impact. This support will enable us to reach more families, and therefore more children, whose physical and emotional development is currently at risk. But children are not the only people we will help. I am grateful for the generous decision to also support elderly adults as part of this program. This certainly speaks volumes about the values, commitment and social responsibility of MAPFRE and its foundation.”

To tackle the emergency situation generated by the coronavirus crisis, Fundación MAPFRE allocated 35 million euros to various international projects in 2020. It has since approved an extraordinary allocation of a further 10 million euros this year to help alleviate the deepening crisis in Latin America.

Thanks to this aid scheme, 47 projects will be launched to help around 168,000 people in 18 countries. These projects will aim to guarantee basic nutrition for particularly vulnerable groups, as with the project in Panama, as well as other forms of support including teaching women to become self-sufficient and increasing their self-esteem, enhancing digitalization—especially in rural areas—and protecting the rights of people with disabilities.

“We hope things will change and for the better. No pandemic is going to stop us from keeping our commitment to social progress,” said Antonio Huertas, Chairman of Fundación MAPFRE, following the approval of the scheme. “When it comes to solidarity, once the ball gets rolling, there is no stopping it,” ensured the Chairman.