Cocoa Island by COMO and MasterCard encourage holidaymakers to stay and contribute to good cause

Maldives Promotion House – COMO Hotels and Resorts, comprising luxury Cocoa Island in Maldives, is continuing its collaboration with MasterCard through the Purchase with Purpose program.

As MasterCard reported, it is encouraging travelers who stay at each of their nine hotels and resorts to settle their bill with a MasterCard card as MasterCard will be donating US$30 to various community projects for every transaction made between 1 October 2012 and 31 December 2012.

COMO Hotels and Resorts, has supported theMasterCard Purchase with Purpose program since 2010, and has raised a total of USD 75,580 to date. In a year, COMO supports a variety of community projects in each of its locations, some of which have been long-term partners.

The beneficiaries for the COMO-MasterCard Purchase with Purpose include: Maafushi and Guraidhoo Schools in the Maldives, located just 20 minutes boat ride from Cocoa Island.

MasterCard is committed to improving the lives of these underserved communities by empowering and providing access to sustainable livelihoods, in order to create a better future for these women, youths and their communities.

Some of the deserving projects that will be benefit from this year’s funds include vocational and skills training project for young women and girls in Maldives.

Kuno Fasel, Chief Operating Officer for COMO Hotels and Resorts, said: “COMO Hotels and Resorts is delighted to collaborate with MasterCard on Purchase with Purpose. The program builds upon community efforts by our properties throughout the year, so our staff takes great pride in sharing the initiative with our guests. Our guests, in turn, have demonstrated great interest in the projects as they focus on education, entrepreneurialism and supporting the local economy.”

Georgette Tan, group head, Communications, Asia/Pacific, Middle East & Africa,MasterCard Worldwide, said: “More and more, we find that our well-travelledMasterCard cardholders are eager to give back to the community and continue to demonstrate a sense of responsibility about the products they are purchasing. We are pleased to collaborate once again with COMO through the Purchase with Purpose program. MasterCard cardholders who stay at COMO look forward to the program and appreciate the opportunity it presents – knowing they can make a difference, just by using their credit card.”

MasterCard’s philanthropic efforts are focused on furthering financial inclusion through entrepreneurship in order to help individuals overcome barriers to financial inclusion and ultimately achieve positive economic outcomes for themselves, their families and their communities. Through MasterCard ’s core competencies, technology, people, and charitable giving, MasterCard makes a difference in people’s lives around the world.

Examples of projects funded by last year’s program include library upgrading for the Maafushi and Guraidhoo Schools in the Maldives.

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