Integrated Report 2020

Rebuilding Lives – Cim CSR Fund Ltd (‘Cim CSR’) CSR project at the Cité Coeur Immaculé de Marie. After floods causedwidespreaddestructionacrossMauritius in 2016, many homes in the Cité Coeur Immaculé de Marie (Cité CIM) found in the district of Rivière du Rempart on the island’s North East coast were severely damaged, leaving a number of families in dire straits. These families, many of whom are living in impoverished conditions, had little or no means to rebuild their residences and as part of its CSR commitments, Cim decided to step in and offer what assistance we could to help these families return to their normal lives. ENN LAKAZ AVAN TOU POU CASIET LAPLI SOLEY Tim Taylor, Chairman of Cim CSR Ltd, elaborates: “We have 39 houses to build or renovate and are aiming to do at least five to six each year. This is quite a difficult and lengthy process, as these families require permits prior to construction. There is also a selection process that we adhere to, which depends on the family’s needs. We have started with those families who are most impoverished and whose situations are most desperate.” Generally, a budget of around MUR700,000 is provided to the construction of a standard house. However, there is no fixed budget. Tim Taylor further emphasises that “we do have cases where more funds were allocated”. In terms of construction, Cim CSR’s objective is to provide the core: the structure, electricity and plumbing, doors and windows. “The inside finish and plastering is the responsibility of the family. This is a way for them to participate and get involved in the construction,” affirmed Rajeshri Moher, CSR Lead at Cim Finance. INTEGRATED REPORT 2020 CIM FINANCIAL SERVICES LTD Corporate Social Responsibility Géraldine Pierrot 41