Cahaya Society wins €40,000 grant from Allianz Social Impact Fund 2024 to benefit the youth in Sandakan

Allianz Malaysia Berhad (Allianz Malaysia)’s social partner, Pertubuhan Pendidikan Anak Cahaya Sabah (Cahaya Society), has recently won a total of €40,000 (approximately RM202,867) grant from the Allianz Group Social Impact Fund 2024 initiative in the MoveNow categories with integration of Financial Literacy.
The Social Impact Fund is the Allianz Group’s key programme offering a strategic opportunity for Allianz operating entities around the world to receive funding for their local Corporate Citizenship activities, focusing on building cross-sector partnerships and measurable impact to support next generations.
Cahaya Society was one of the 31 winners across the globe to secure the grant. The grant will be utilised for the Youth Socio-economic Project: Vulnerable Communities Upskilling & Resilience Training, which entails a three-year sewing upskilling conducted in stages that aims to benefit over 100 youths from vulnerable communities in Sandakan, Sabah.
In the first stage, the youth will be learning the basic of sewing and equipment. The second stage learning will be on Information and Communication Technology (ICT) literacy and lastly, production and social media marketing. These activities will equip the target communities with necessary financial literacy and entrepreneurship skills.
Reflecting Allianz's global brand partnership with the International Olympic Committee and International Paralympic Committee, the Social Impact Fund incorporates the "MoveNow" initiative that empowers young people through sports and movements for their body, mind, and soul.
Under this category, Cahaya Society will be organising the Green ICT Bootcamp, with the aim to prepare learners with business-related knowledge and skills such as making informed decisions, basics of profits and loss calculations, bookkeeping, saving, and investing while incorporating physical activities to make the camp sessions interactive.
Allianz Malaysia via its corporate social responsibility arm, Allianz4Good, has been partnering with Cahaya Society since 2019 to benefit the underserved communities in Sandakan.
Head of Allianz4Good, Ng Siew Gek said, “Through this collaboration with Cahaya Society, we look forward in seeing the positive impact of the project and to make a difference in the targeted vulnerable communities in Sandakan,” she said.
Executive Director of Cahaya Society, Wadzkir Abdul Hamid said, "The grant is a great opportunity for youth empowerment, especially for those who are keen to learn and explore further in upskilling and building resilience.
“We would like to express our sincerest gratitude and are honoured for being selected as one of the grant receivers under the Allianz Group Social Impact Fund 2024. We look forward for an impactful collaboration ahead.”