CSR

Ace has always believed in being a good corporate citizen and has been investing in various social causes.
 
We are very proud to have the One-horned Rhino as our official mascot. The One-horned Rhino is indigenous to South Asia but is now classified as an endangered species due to poaching and habitat destruction. In our bid to raise awareness about the need for One-horned Rhino conservation, we have provided a financial assistance of Rs. 1.5 million to National Trust for Nature Conservation that manages the Central Zoo to build the Rhino Habitat Centre, a small token towards a great cause that we will continue to support.

Ace Development Bank celebrated its 15th anniversary on 15th August 2010. As a part of the celebrations Hon. Mr. Dipak Bohara, Minister of Forest and Soil Conservation inaugurated the Rhino Habitat Center which was sponsored by Ace Development Bank at the Central Zoo, Jawalakhel.

We were one of the sponsors for the “Million Mums campaign” which is a joint initiative of Safe Motherhood Network and White Ribbon Alliance (WRA, UK) to raise awareness and advocate against maternal mortality. We are also working jointly with Women Entrepreneurs’ Association of Nepal (WEAN) for the empowerment of the disadvantaged and needy people especially women through generation of self-employment opportunities. We will be providing trainings and access to finance for implementation of business plans through WEAN to the needy in order to facilitate their financial needs. We have already provided a grant to the WEAN Training Fund.

In May 2009, the news of hundreds of deaths in far-western Nepal due to diarrhea/cholera exposed how the underprivileged can lose their lives for lack of basic sanitation. We provided financial support to “Annapurna Post Sahayogi Haathharu” campaign which mobilized the funds from the campaign through an NGO, DEPROSC Nepal to prevent the epidemic from spreading further.

We also believe that children are our future. We are providing monthly donation to Nepal Children Organization (Bal Mandir, Naxal) to distribute food and fruits to the children under their patronage. We also provide scholarships to needy and deserving students on a regular basis. Our CEO is on the Board of various educational charity organizations as well.