Cyclone
Sidr hit the southern belt areas of Bangladesh, resulting in a huge
loss of lives and property. Theyazin Charity Care created this project in response to the
cyclone ,which comprised two major axes:
- to protect the locals from the dangers of recurrence of future
cyclones and promote education for their children by providing modern
and advanced teaching facilities that can be used also as shelters at
the times of calamities, and
- to provide emergency relief for the cyclone-affected population.
Objectives
Axis 1: This axis aims to protect the local
population from the dangers of future disasters by building shelters in
the cyclone-prone areas. Shelters were designed for dual purposes: to be
used as schools in normal days and as environment-friendly,
self-sustaining buildings in times of disasters. The buildings are
equipped with solar panels generating enough electricity even when the
national power grid is affected during disasters. The buildings are also
equipped with tanks for collecting drinking rainwater throughout the
year. Furthermore, the shelters were built to cater for protecting
cattle and vehicles, which are valuable assets in rural areas, during
the cyclones. The total value of construction of the shelters/schools
amounts to US$110 million.
Axis 2: Providing US$20 million of emergency relief
under the Theyazin Charity Care in Bangladesh. This axis
aims at assisting affected families return to normalcy and improving
their precyclone living conditions by financing rural activities such as
agriculture; cattle and poultry raising; provision of fishing boats,
nets and modern agricultural equipment; and protection of fisheries. The
project also provides free training courses for beneficiaries,
particularly in the domain of agriculture and fisheries. In the long
run, the project aims to contribute to the maintenance costs of
shelters/ schools through long-term profitable investment of part of the
Theyazin Charity Care, with a view to generating sustainable income to cover the cost of
maintenance of the schools, in addition to the administrative costs of
the Theyazin Charity Care. The project was recycled more than 7.5 times, bringing the
total value of loans to more than US$150 million.