Farm Konekt taps GCash for farm loans

By: ManilaStandard
Source: manilastandard

GCash, the mobile wallet of Globe, teamed up with Farm Konekt to provide farmers and fishermen access to non-collateralized loans powered by its credit arm Fuse Lending.

“This partnership continues our relentless drive to serve Filipino farmers, aligning the GCash mission to serve every Filipino wherever they are,” said Fuse Lending president and chief executive Tony Isidro.

“Farm Konekt’s connections with the farmer groups make them a good on-ground arm for us to better understand the needs of our farmers, who form one of the most important sectors of our economy,” he said.

Farm Konekt is a community-based farm management enterprise platform that focuses on data-driven clustered production to upskill farmers and secure demand for their produce.

The partnership will also give farmers and fishermen access to a wide range of essential business services in the GCash app such as GSave and GInsure to grow their savings and secure their finances.