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Kotak Education Foundation is an organization working for the underprivileged children and youth in Mumbai and Raigad district. An initiative in the field of education by Shri Uday Kotak and Smt. Pallavi Kotak, it started officially on January 1, 2007.
Shri Uday Kotak is the Promoter and Managing Director of Kotak Mahindra Bank Limited. He heads the Kotak Mahindra Group which is in diverse financial services such as Banking, Investment Banking, Stock Broking and Distribution, Life Insurance, Car Finance, Mutual Funds, etc.
A compelling need was felt to raise the quality bar in Education for the underprivileged children who have entered a School, perhaps the first generation in their family. Focus was necessary on how to get the child to complete education.
Since 2007, KEF has worked in two streams - Education and Livelihood.
In the former, it has partnered with over a dozen schools with over 20000 students from under-privileged backgrounds in urban and rural areas in Mumbai, Thane and Raigad districts and assist them in training the trainers (school-teachers), working with the children on enhancing their English speaking skills, Life-skills, Health, hygiene and nutrition and working with parents to assist their children.
In the latter, it runs vocation-oriented training for youth from the underprivileged class of society - in the domains of Hospitality, Customer Relations & Sales and ITES. It assists in job-placement through tie-ups with corporates in upwardly mobile jobs. Till March 2011, over 3200 youth have been trained and over 2500 placed in jobs.
Vision:
KEF is an NGO which aims at transforming India through the aid of educating under privileged children and youth in and around Mumbai and Raigad through education and livelihood programs.
Mission:
To have a sustainable process to support children/youth from under-privileged families with different interventions so as to empower them, support them to rise above the poverty line and