How GCash Fuse brings more Filipinos and MSMEs into formal credit, helping them move toward a better future
Backed by a Php 1.75 billion credit facility from the Asian Development Bank (ADB), Fuse Financing continues to enable Filipinos and MSMEs to borrow with dignity-moving away from predatory lending. In the heart of Barangay Bagong Silangan, the rhythmic sound of a freezer door opening and closing marks the pace of Ivy Joy Tomasar’s day. Two years ago, the 33-year-old mother of three was one of millions of “unbanked” Filipinos— with no credit history, no collateral, and little hope of securing a traditional bank loan. Today, she is a business owner. Tomasar turned to digital credit to fuel her aspirations. […]…
Keep on reading: How GCash Fuse brings more Filipinos and MSMEs into formal credit, helping them move toward a better future
المصدر: Inquirer (PH)
