RELEASE: "Aid Card" of Bulat Utemuratov Foundation celebrates its fifth year of philanthropic collaboration

(Information sent by the signatory company).

RELEASE: "Aid Card" of Bulat Utemuratov Foundation celebrates its fifth year of philanthropic collaboration

(Information sent by the signatory company)

ALMATY, Kazakhstan, Dec. 8, 2022 /PRNewswire/ -- The Aid Card programme, jointly launched by the Bulat Utemuratov Foundation, ForteBank and Red Crescent of the Republic of Kazakhstan, celebrates its fifth year of operation since it began providing aid to people affected by natural and man-made disasters in Kazakhstan.

Since 2017, Aid Card has provided financial aid to people in areas affected by disasters such as floods, fires, ammunition depot explosions and dam breaks. The total amount of funds allocated by the Foundation to provide targeted assistance is currently $1 million. Thanks to the project, more than 13,000 Kazakhs have received financial assistance.

During the operation of the Foundation, the country has suffered numerous natural disasters, such as devastating floods in various regions and large-scale forest fires in the north this year. The latter caused the evacuation of almost two thousand people from the place of the catastrophe. The program targeted Kazakh residents whose houses had been destroyed by floods or fires.

Aid Card is a unique project not only in Kazakhstan, but also in the international philanthropic sphere. When emergencies arise, Red Crescent works with local administration to compile victim lists from vulnerable communities, while ForteBank issues bank cards to which the Foundation transfers funds. Through this secure and transparent process, it is ensured that aid reaches the victims.

In some cases, the aid card program has also had the added effect of improving financial education. To receive the funds, some families and individuals began to acquire non-cash payment instruments for the first time, through the use of bank cards and banking infrastructure.

International philanthropic circles regularly discuss streamlined approaches to overcome the challenges associated with supporting victims of natural and man-made disasters. The Bulat Utemuratov Foundation is actively following these discussions and continues to support Red Crescent Kazakhstan in its initiatives.

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