GE Money supports SOS Children's Villages of India to organise a "Human Chain Walkathon" to spread the message of helping children in need
New Delhi, October 24, 2005: GE Money, a unit of the General Electric Company (GE), is supporting SOS Children's Villages of India, a non-political and non-denominational welfare organisation, to organise a 'Human Chain Walkathon' on Tuesday, October 25th, 2005 from 10 am to 1 pm in Delhi.
The theme for the 'Human Chain Walkathon' is "Say YES to joining hands with SOS India to help a child in need". The aim of the 'Human Chain Walkathon' is to spread awareness about the urgent need to help children in need and encouraging people to sponsor a home and a life of happiness for these children this Diwali through SOS India.
Mr. Vishal Pandit, President & CEO, GE Money India said, "At GE Money, one of our key values is Can-Do, our ability to say Yes to people in need. We are extending this core value to our community efforts with our support of the 'Human Chain Walkathon' organised by SOS Children's Villages of India. Through the Walkathon, our aim is to get more people to say Yes to children who need their support."
The Walk will be jointly flagged off by Mr. Vishal Pandit, President & CEO, GE Money India, and Shri J.N Kaul, President of SOS Children's Villages of India. Around 5,000 children from 100 leading schools in Delhi will participate in the Walk.
Mr. Pandit added, "Children everywhere are the same -- they need love, protection and care. Parents are willing to go out of their way to get the best of everything for their children to make their dreams come true. Many of our loans are designed to allow parents to give them the things they need with simple and affordable repayment in instalments. Underprivileged children unfortunately are not so lucky. There are a vast number of children in India who are homeless and without any family. Sponsoring a child will light up the child's festivities and give immeasurable satisfaction to the donor."
GE Volunteers, the community service organisation of GE, works with several NGOs around the country to support a number of social causes such as blood donation drives, education with mobile crèche projects, environment-related causes, disaster relief, participation in AIDS-related causes, medicine collection drives, adoption of school for the hearing impaired and computer literacy programs.
SOS Children's Villages of India has greatly expanded its services for children in need and today there are 37 SOS Children's Villages including facilities for Tibetan children, 122 allied projects and outreach initiatives like educational and nutritional services for malnourished children & Strengthening Motherhood Programme for needy & destitute mothers. Today SOS Children's Villages of India is providing long-term family care to 15000 children and reaching out to over 200000 children through its allied projects spread across the country.
GE Money is one of the leading providers of financial services to consumers and retailers in India, offering a range of innovative financial products to suit its customers needs. It has a strong retail distribution network in over 5,500 outlets across 60 locations and is a leader in a wide range of products including car finance, two wheeler finance, consumer durable finance, personal loans and home equity that are currently offered under the brand name GE Countrywide. In December 2004, GE Money Home Loan and GE Money Personal Loan were launched. Strong operations backed by the latest information technology support the product lines. Its CRM program is among the most successful customer retention programs in India and a single database housing nearly 2.4 million customer accounts, latest technology and centralized operations ensure the best service standards in the industry. With strong joint venture partners in Maruti and State Bank of India with 1.8 million cardholders, GE Money continues to add value to its customers and partners in India.
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