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Tuesday, April 5, 2022

foodpanda, UBX’s SeekCap partner to support Odette-affected vendors

 

Leading online food delivery platform foodpanda announced a partnership with UBX, the Philippines' leading Open Finance platform, through its lending solution SeekCap to provide loan assistance to thousands of foodpanda vendors in Visayas and Mindanao who were affected by Typhoon Odette.

 

Under the partnership, over 8,000 partner-vendors of foodpanda will be assisted in availing loans worth P50,000 to P1 million from SeekCapwhich provides affordable and accessible credit to micro, small, and medium enterprises (MSMEs) through its online lending marketplace.

According to foodpanda managing director Daniel Marogy, the initiative is a continuation of foodpanda’s support for sectors affected by the December 2021 typhoon, with foodpanda having already donated over P6 million in aid to affected communities, foodpanda employees and riders shortly after Odette devastated many areas in Visayas and Mindanao.

 

“While Odette is long gone, the damage it caused continues to be seen and felt in many towns and cities in the country. And while we’ve seen many encouraging signs of recovery, there are still plenty of small businesses that have been hit hard and continue to struggle,” Marogy said. “We’re committed to help our affected partners in their rebuilding journey and provide the support they need to help them get back on their feet.”

 

Marogy noted that Typhoon relief is one of the company’s focus areas for this year, adding that “we know that rebuilding is a long, continuous process and not just a single step, and we are here for our partners for as long as they need our help.”

 

For its part, UBX reiterated its commitment to drive financial inclusion and help MSMEs to thrive despite the pandemic and disasters such as Typhoon Odette.

 

“With over 99 percent of businesses in the country considered as MSMEs, we recognize the importance of this sector to our country, and we know the challenges they face not only in getting loans, but also in being able to rebound from natural disasters,” UBX said.

 

“We are one with foodpanda in providing these valuable lifelines to their partners, and one with the country in helping as many of our kababayans to succeed in their businesses,” UBX added.

6 comments:

  1. Wow tlga nman npka gandang partnership nito . Malaking tulong tlga ito sa odette- affected vendors ❤️😍

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  2. Yay that's good news po . Big help ito sa mga kababayan natin vendors affected ng bagyong Odette

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  3. This is so great partnership💓 Godbless always po!

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  4. foodpanda Thank you for your great generosity!Everyone greatly appreciate your donation, and your sacrifice. Your support helps to further mission . Your support is invaluable , Thank you again!

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  5. Yes good news to!!isa talaga kami sa nasalanta ng bagyong odette at laking tulong din ito sa mga kababayan ko na vendors,thank you so much ,more power and Godbless💖🥰🤗

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  6. Wow super laking tulong po nito sa marami na na food panda vendor na naapektuhan Ng typoon at makakapag simila po sila ulit

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