CP Foods Provides Fund for the Elderly Program
Charoen Pokphand Foods PCL (CP Foods) continues to support vulnerable seniors in need near its operations through the "CPF Fund for Elderly" program, in the support of Thailand's transformation toward well-being aged society.
In 2022, Thailand is now entering an “aged society” with more than 20% of the population aged over 60 years old. Recognizing that many of them are disadvantaged and struggle to make ends meet, CP Foods launched the “CPF Fund for Elderly” initiative to provide a variety of supports to senior citizens living in poverty across the country, therefore propelling Thailand to become a quality aging society.
CPF Funds for the Elderly project intends to assist the elderly above the age of 55 who live within a 5-kilometer radius of the company’s farms and factories who are neglected, unaided, or impoverished. Under the scheme, CP Foods provides financial support for 2,000 Baht per person every month for a lifetime, in addition to food, necessities, and a monthly visit. This program also promotes the appreciation model, alleviates social inequity, and improves the quality of life for the elderly
For the past 12 years, from 2011 to 2022, CPF has been involved in creating smiles and encouragement for the elderly in a community of 874 people in 52 provinces across the country. by a team of volunteers from various business groups, which uses the project budget total of 113,290,000 THB.