26 October 2014

Globe Telecom GCASH Partners With Kiva (Funding Source)

Globe's GCASH will now partner with KIVA, a leading online network of microfinance source. In a press release by Globe Telecom, Kiva, a global funding source, will work together with the GCash to build and commit nation building, to generate more opportunities, and to help customers in times of assistance.

What is Globe GCash?
You probably know what is Gcash is. GCash is mobile money service of Globe Telecom which gives money transactions for daily needs.
Kiva- Image:www.guidestar.org

What is Kiva?
Kiva is a global non-profit organization that generates donations directly matched with the lending opportunities. It provides loans without access to traditional banking systems.

Kiva has already 1.2 million users worldwide. Additionally, these users already funded loans amounting over US$620 million.

Visit: www.kiva.org

Why it is Important?
The partnership with GCash and Kiva offers excellent donation service to Filipinos and to give income opportunities.

With GCash as the secure platform to receive donations, Globe through G-Xchange, Inc. (GXI) launched its own lending team, #TeamGlobe now available online.

GXI is the first and only company that is based in Southeast Asia to partner with Kiva.  #TeamGlobe will be used as the launch pad for Filipinos here and abroad who want to donate and help fellow Filipinos in under-served communities and provide funding capital for micro and social enterprises.
“This is our contribution and our commitment to nation-building.  We will continue to help generate opportunities and encourage our customers to join us through meaningful partnerships with organizations like Kiva.  By using GCash, we will be able to bridge those who are capable of helping with those who are in dire need of assistance,” says Ernest Cu, Globe President and CEO.

Interested citizens may donate any amount to local beneficiaries in the areas of agriculture, food, retail, and services by accessing *143#.
1. Access *143#
2. Select GCash
3. Choose to Donate to KIVA
4.Enter the amount, your GCASH PIN, and email address.

The donor will receive a confirmation message via SMS and an “I’m a Kiva donor” badge.
“To kick off the celebration of our 10th anniversary, GCash is creating a new ecosystem that would contribute to the country’s progress by empowering the less privileged with access to livelihood opportunities. Through GCash, Globe customers can extend their financial support to micro-entrepreneurs in the country just by using their mobile phones,” says Paolo Baltao, President of G-Xchange, Inc.
Registration to GCash and donation to Kiva automatically include members to the #TeamGlobe lending team. For more information on #TeamGlobe campaign, visit www.globe.com.ph/kiva.
To know more about GCash products and services, visit http://www.globe.com.ph/gcash.

Source: Globe PR


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