The Palawan Group of Companies (PGC), operator of Palawan Pawnshop and Palawan Express Pera Padala (PEPP), is working closely with RAFI Microfinance Inc. to make financial services easier to access for small business owners across the country.
With this partnership, RAFI Microfinance’s services will be available in over 3,500 PEPP branches nationwide. The two companies hope to help entrepreneurs in far-flung areas save time and money by reducing the need to travel to access financial support.
“This partnership with RAFI strengthens that mission by extending meaningful support to our micro-entrepreneurs, especially those working hard in underserved areas,” said Lisa Lou Castro-Sabado, chief business development officer, PGC.
By using PGC’s large network and digital tools, the partnership aims to improve access to financial services for small businesses that often lack support. The effort supports both groups’ goal of promoting financial inclusion and helping micro, small, and medium enterprises (MSMEs) grow.
Bringing services closer to small businesses
“Partnering with PGC allows us to deliver our services more efficiently and reach more Filipinos who deserve access to financial opportunities and security,” said Thomas Kocsis, president and CEO of RAFI Microfinance. “And since our companies share the same values, I can say that this partnership is both strategic and virtuous.”
“We’ve always believed that inclusive finance is a foundation for social progress,” said Bobby Castro, chair of PGC. “This partnership ensures that even micro-entrepreneurs in the most remote barangays can access the resources they need to build better futures for their families and communities.”
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