Skip to main content

GCash Wais Tindera caravan reaches Iloilo, promoting responsible borrowing and financial tools for MSMEs


Building a successful business takes more than access to capital—it also requires the right financial knowledge and digital tools. To help local entrepreneurs strengthen both, GCash and Fuse Financing gathered hundreds of nano, micro, small, and medium enterprises (NMSMEs) in Iloilo for the Wais Tindera Caravan, a financial and business literacy program designed to help them grow with confidence.

 

In celebration of MSME Month, GCash reaffirmed its commitment to empowering Filipino nano, micro, small, and medium enterprises (NMSMEs) by providing the financial tools, digital solutions, and knowledge they need to grow with confidence. Through the Wais Tindera Caravan, GCash continues to support local entrepreneurs with practical resources that help them strengthen their businesses, adapt to changing market conditions, and unlock more opportunities for growth.


Iloilo MSMEs gather for a one-day financial literacy session, unlocking digital tools to scale their businesses.

“My message to my constituents is that during these times, we need to be smart with our spending. Commodities are expensive nowadays, electricity and bills are high, so we need to be wise. And if we need to pay our city obligations, we can just go through the GCash Center,” said Barangay Calaparan Captain Renante G. Tubola. 

 

Developed by GCash and Fuse Financing, the Wais Tindera Caravan is a Financial Literacy x Business Literacy (FinLit x BizLit) program that equips Filipino micro-entrepreneurs with practical business skills, from budgeting and inventory management to responsible borrowing. The program also raises awareness of predatory lending, including the risks of relying on informal "5-6" lenders that often charge excessive interest rates.

 

Participants were also introduced to digital financial solutions such as GLoan Negosyo, a Fuse Financing product that provides accessible business capital, and GCash Pera Outlet Plus (GPO Plus), which enables merchants to earn additional income by offering cash-in, cash-out, bills payment, and other digital financial services in their communities.

 

Responsible borrowing for NMSMEs

 

 

 

 

 

 

 

 

 

 

 

 

Participants unlock key digital financial tools and smart borrowing habits to strengthen and scale their businesses. 

 

Responsible borrowing was a key focus of the Iloilo leg, with participants learning how to determine when financing is appropriate for their business, borrow within their means, and use credit strategically to support growth, such as expanding inventory or investing in operations.

 

“At Fuse Financing, we believe that responsible borrowing starts with giving small business owners the knowledge and confidence to make sound financial decisions. Access to financing can be a powerful tool for business growth when used properly, and through programs like the Wais Tindera Caravan, we hope to help NMSMEs understand how formal financial solutions can support their goals while building sustainable businesses,” said Kevin Yu, Head of B2B lending at Fuse Financing, the lending arm of GCash.

 


Sessions also covered how to understand loan terms, interest rates, and repayment obligations before borrowing. The program highlighted how formal lending solutions can support business growth when used with proper planning.

 

Through the campaign, entrepreneurs also learned to identify the risks of excessive interest rates, lack of transparency, and unsustainable repayment terms often associated with informal lending.

 

Partner in every stage of growth

 

The caravan underscores the fintech leader’s commitment to empowering Filipino MSMEs at every stage of growth. By introducing innovations like GCash SoundPay Plus and GCash EasyPOS, the platform helps small businesses seamlessly adopt digital QR and card payments, improving operational efficiency and enhancing the customer experience.

 

The caravan also addressed the digital trust gap among small business owners who may be hesitant to adopt digital financial services. Sessions covered how digital payments work, how to use GCash safely and securely, and how responsible use of digital financial tools can help entrepreneurs build a financial track record and gain access to formal financial products and services.

 

The Wais Tindera Caravan supports the "Finance for All" mission of GCash. Financial literacy remains at the heart of the program, equipping entrepreneurs with practical knowledge they can immediately apply and digital tools they can easily integrate into their businesses.

 

For more information, please visit www.gcash.com.

 

Comments

Check out more...

Enjoy up to 29% OFF on select realme smartphones this 6.6. TikTok Birthday Sale

Don’t miss out on BIG discounts as realme celebrates TikTok 6.6 Birthday Sale! It’s finally TikTok’s 6.6 Birthday Sale and realme Philippines goes all-in to celebrate with whopping discount offerings from June 1-8 only.  Mark your calendars and get up to 29% OFF on select realme  smartphones and up to 40%  on select realme AIoT products. On top of this, the Squad is also in for a treat since they can take home exciting freebies all-week long!  From June 1-8, every purchase of the real me  C35 (4GB+128GB)  comes with a FREE TechLife Buds Classic, while anybody who will avail the  realme C33 (4GB+64GB)  will get a C-Series Tempered Glass as a freebie. To make things even more thrilling, the first few customers to buy a realme 10 Pro+ 5G (12GB+256GB) from  June 4-8  will get their very own realme Watch 3 for FREE . Additionally, everyone will also get a FREE TechLife Power Bank 100000mAh for each purchase of realme 10 (8GB+128GB), realme 10...

DICT, GeeksPH bolsters PH startup scene with 6th Geeks on a Beach in Panglao

The Department of Information and Communications Technology (DICT) and GeeksPH announced the revival of Geeks on a Beach (GOAB) after a four-year break and is set to happen in Panglao, Bohol on November 23-24, during the Philippine Startup Week 2023. The two-day international conference, known for leveraging Philippine tourism and ICT Industry expertise, will gather hundreds of entrepreneurs, investors, innovators, and globally-acclaimed startup ecosystem players to showcase the country’s startup achievements in both local and international scenes. GOAB 2023 will offer plenary sessions exploring potential investment opportunities and breakout sessions that will focus on sector-specific topics like Fintech, EduTech, HealthTech, AgriTech, and ClimateTech and other category-specific themes centered around youth and women. The event will also feature emerging technologies discussion, pitching fest, business matching, investors’ roundtable, and exhibits from various stakeholders. To cap off...

Enjoy an all-in-one Unli Internet plan at home with PLDT Home

What  better way to  enjoy everything at home  with a broadband plan that  gives   you an  all-in-one unlimited  access to  the  internet,  Pay  TV, and  mobile services .    The new  PLDT Home  Fiber  Unli  All plan  offer s  the best value for money  with a bundled package that comes with unlimited fiber internet,  unlimited entertainment content from Cignal TV, and unlimited calls to PLDT, Smar t a nd TNT.    Here’s a quick breakdown of the new Fiber  Unli  All plans available and their internet speeds: Whether you   want to stream your favorite videos, TV series, and movies ,  the  new Fiber  Unli  All plans deliver what  the whole family wants  with the fast broadband internet and a wide range of  entertainment  options on premium  Pay  TV.  With the Philippines’ largest  Pay  TV provi...

#Gcash users can now go cashless on their next Euro trip thanks to Alipay+ partnership

GCash users can now opt for a hassle-free, cashless payment method on their next Euro trip as the Philippines’ leading mobile wallet is now accepted in Europe’s top travel destinations, including the United Kingdom, France, Germany, and Italy. This cross-border payment service is part of the e-wallet’s strengthened collaboration and partnership with Alipay+ to offer a seamless and secure payment experience, as well as real-time foreign exchange (forex) with no service fee, allowing customers to a hassle-free and rewarding travel experience abroad. Among the key merchants and stores that can accept GCash via Alipay+ are Harrods, Liberty London, and Harvey Nichols in the UK; Printemps in France; Müller and dm-drogerie markt in Germany; as well as itTaxi, and IVS Group, the leader in the vending machines market, in Italy. “In line with our fervent commitment to make our customers’ everyday lives better and more convenient, we want to make sure that they can maximize their GCash account no...

GCash cautions against gambling apps used for phishing

A recent investigation by the National Privacy Commission (NPC) and the leading mobile wallet GCash, has led to the discovery of certain gambling sites and apps which were used for account takeovers in the recent surge of phishing scams. Additionally, some influencers may have unknowingly promoted these gaming apps without being aware of their fraudulent nature. GCash is now cautioning its users to be extremely careful when accessing online gambling sites and apps, and to avoid them altogether if possible. In this latest scheme, perpetrators created gambling apps while falsely claiming to be accredited by the Philippine Amusement and Gaming Corporation (PAGCOR). These apps deceive users with a verification process, redirecting them to a fake GCash website or payment page to top up betting credits. From there, fraudsters were able to access sensitive information such as credit card details, passwords, GCash numbers, MPINs, OTPs, and other personal data that can be exploited to gain unau...