Over 200 nano, micro, small, and medium enterprises (NMSMEs), including sari-sari store owners and vendors gathered at the Wais Tindera Caravan in Cebu to deepen their understanding of digitalization and responsible borrowing.
In celebration of MSME Month, GCash reinforces its commitment to being the trusted growth partner of Filipino NMSMEs, powering every stage of their entrepreneurial journey. GCash continues to champion local businesses by providing easier access to the integrated financial and digital tools they need to sustain their livelihoods, navigate uncertainty, and drive the Philippine economy.
The Wais Tindera Caravan serves as the Financial Literacy x Business Literacy (FinLit x BizLit) of GCash and Fuse Financing designed for Filipino micro-entrepreneurs. The program provides lessons on budgeting, pricing, inventory management, sales tracking, and business growth. The caravan also tackled the risks of predatory lending as many micro-retailers still rely on informal lenders, including the “5-6” system, which often carries high interest rates and can lead to cycles of debt.
Digital financial tools were also introduced, like GLoan Negosyo—a Fuse cash loan product designed to meet NMSMEs' urgent funding needs—and GCash Pera Outlet Plus (GPO Plus), which enables store owners to earn extra income by offering cash-in, cash-out, bills payment, and other digital transactions to their communities.
"Through the Wais Tindera Caravan, we aim to equip NMSMEs with the practical financial and business skills needed to make informed decisions, manage their finances effectively, and adopt responsible borrowing practices to grow their businesses sustainably."
said Kevin Yu, Head of B2B lending at Fuse Financing.
Responsible Borrowing for NMSMEs
A key focus of the Cebu leg was responsible borrowing. Participants learned how to assess whether a loan is necessary for business growth, borrow within their capacity to repay, and use credit for productive purposes such as inventory expansion.
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 this campaign, entrepreneurs learned about excessive interest rates, lack of transparency, and unsustainable repayment terms.
Partner in every stage of growth
The caravan underscores the commitment of GCash 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, driving operational efficiency.
Beyond accessible payment solutions, GCash fosters grassroots, community-wide economic growth. Through GCash Pera Outlet Plus, neighborhood merchants can earn extra income by providing vital Cash In and Cash Out services to their localities, while accessible insurance offerings protect these grassroots businesses from unexpected financial shocks.
The caravan, in addition, addressed the digital trust gap as well among small business owners who may be hesitant to adopt digital financial services. Sessions explained how digital payments work, how to use GCash safely and securely, how responsible use of digital tools can help 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 central to the program, with participants learning skills they can apply immediately and tools they can integrate easily.
For more information, please visit www.gcash.com.
About Mynt
Mynt is the first and only $5 billion unicorn in the Philippines. It's a leader in mobile financial services focused on accelerating financial inclusion through mobile money, financial services, and technology. Mynt operates two fintech companies: GXI, the mobile wallet operator of GCash — the #1 Finance App in the Philippines, and Fuse Lending, a tech-based lending company that gives Filipinos access to microloans and business loans.
About GCash
GCash is the Philippines’ #1 Finance App and Largest Cashless Ecosystem. Through the GCash App, users can easily purchase prepaid airtime; pay bills via partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 6 million partner merchants and social sellers; and get access to savings, credit, loans, insurance and invest money, and so much more, all at the convenience of their smartphones. GCash’s mobile wallet operations are handled by G-Xchange, Inc. (GXI), a wholly-owned subsidiary of Mynt, the first and only duacorn in the Philippines.
Mynt and GCash are staunch supporters of the United Nations Sustainable Development Goals (SDGs), particularly UN SDGs 5,8,10, and 13, which focus on safety & security, financial inclusion, diversity, equity, and inclusion as well as taking urgent action to combat climate change and its impacts, respectively.
For more information, please contact:
Bruce Rodriguez, Head of Business Communications
Corporate Communications
Legal Disclaimer & Safe Harbor Statement
This press release is for informational purposes only and does not constitute, or form part of, any offer, solicitation, or invitation to sell, issue, purchase, or subscribe for any securities in the Philippines, the United States, or any other jurisdiction. No securities of Mynt, Inc. have been or will be registered under the U.S. Securities Act of 1933, as amended, and such securities may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. There will be no public offering of the securities of the Company in the United States. No money, securities or other consideration is being solicited by this document or the information contained herein and, if sent in response to this document or the information contained herein, will not be accepted. Any potential initial public offering and listing in the Philippines, if pursued, remain fully subject to prevailing market conditions and regulatory approvals, including the registration requirements of the Philippine Securities and Exchange Commission and the listing rules of the Philippine Stock Exchange, Inc., and there can be no assurance that any such filings will be made or that any offering or listing will be consummated. This document contains forward-looking statements that involve inherent risks and uncertainties; actual results, timelines, and outcomes may differ materially from those projected due to shifting market dynamics, economic environments, and regulatory updates.
