PARTNERSHIP BETWEEN DTI AND FINTQ ON LENDR.COM.PH
|Launch of LENDR.com.ph on 19 April 2018. Secretary Ramon M. Lopez (3rd from L), DTI- Regional Operations Group (ROG) Undersecretary Zenaida C. Maglaya (2nd from L) and Small Business Corporation (SBCorp) President and CEO Ma. Luna E. Cacanando (leftmost) are joined by FINTQ Managing Director Lito Villanueva (rightmost) Voyager Innovation President and CEO Orlando Vea (2nd from left) and the Pondo ng Pagbabago at Pag-Asenso (P3) beneficiaries.|
Date of release: 19 April 2018
The Department of Trade and Industry, in partnership with FINTQ by PLDT, launched on 19 April 2018 its collaboration for faster and efficient loan application through a digital platform called LENDR.com.ph. The platform allows micro, small and medium enterprises (MSMEs) to have an easier option in requesting for financial loans for their businesses and other personal requirements.
LENDR.com.ph eliminates the physical and tedious process of applying for loans, as clients can easily go online and fill up the required details. They will also be notified and guided throughout the process, ensuring that applicants will have a seamless experience in submitting loan applications and securing approval of their requests. A digital platform will enhance and support growth of Philippine MSMEs, hence resulting to more livelihood and job opportunities for the Filipinos.
Secretary Ramon Lopez shared that Lendr.com.ph shows the real impact of innovation through financial inclusion, developing new ways to bring to end-users better financial access to support business initiatives. Having a technology partner will present more options to the public with regard their financial needs. This supports the administration's P3 program (Pondo Para sa Pagbabago at Pag-asenso), augmenting the needs of MSMEs through enhanced financial access.
Also in attendance were FINTQ Managing Director Lito Villanueva, Voyager Innovation President and CEO Orlando Vea, P3 conduits, and some small and medium entrepreneurs who have benefitted from Lendr.com.ph.♦