Cebuana Lhuillier partners with NGO for digitalized loan disbursement

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Cebuana Lhuillier, the leading micro financial service provider in the Philippines, is proud to announce its partnership with Kabalikat para sa Maunlad na Buhay, Inc. (KMBI), a Microfinance Non-Government Organization (MF-NGO) dedicated to empowering low-income individuals.

In photo are : (L-R) KMBI Managers Hazel Christine Bayaca, Madelyn Frijillano Rachelle Basiya, KMBI President, Eduardo C. Jimenez. Cebuana Lhuillier President and CEO, Jean Henri Lhuillier, Senior Executive Vice President, Phillippe Andre Lhuillier, First Vice President and Money Transfer Group Head, Erl Sumanga, and Corporate Partnerships Division Head, Maricor Noche

This collaboration aims to streamline the loan disbursement process for KMBI's program members through digitalization, leveraging Cebuana's advanced platform for faster and more convenient transactions.

As part of this initiative, KMBI will issue Cebuana Microsavings 24k cards to its clients in branches under pilot, which double as ATM cards for receiving loan proceeds. These cards offer the added benefit of free withdrawals at any Cebuana Lhuillier branch, with no minimum maintaining balance required.

"Joining hands with KMBI, we embark on a journey of empowerment and transformation, reaching communities, changing lives, and creating a brighter future for all. Together, we amplify our impact, nurturing dreams, and building resilient pathways to prosperity. Our partnership is a testament to our shared commitment to uplift the underserved, empower the marginalized, and foster inclusive growth. With KMBI as our ally, we stand stronger, united in our mission to make a meaningful difference in the lives of those we serve." Adds Jean Henri Lhuillier, President and CEO Cebuana Lhuillier, in partnership with KMBI.

KMBI, known for its mission of providing financial services to marginalized sectors, particularly self-employed women often excluded from traditional banking services, finds a valuable ally in Cebuana Lhuillier's extensive network and efficient services.

"As we join forces with Cebuana Lhuillier, we ignite a beacon of hope, transforming aspirations into reality and bridging the gap to financial inclusion. Together, we embark on a journey of empowerment, extending our reach, and touching the lives of countless individuals and families across the nation. Our partnership with Cebuana Lhuillier symbolizes a shared vision of compassion, innovation, and progress. Through collaboration and synergy, we solidify our commitment to create opportunities for the underserved, elevate the marginalized, and build a more inclusive society. With Cebuana Lhuillier by our side, we are better able to create lasting impact and inspire holistic transformation in every community we touch.” Says KMBI President, Eduardo C. Jimenez, in partnering with Cebuana Lhuillier.

With over 3,500 branches nationwide, Cebuana Lhuillier ensures KMBI members swift, secure, and hassle-free access to their funds. This strategic partnership not only reinforces Cebuana's commitment to serving millions of Filipinos but also underscores its dedication to fostering financial inclusion.

By joining forces, CebuanaLhuillier and KMBI strengthen their shared vision of extending financial empowerment to all Filipinos, ensuring that no one is left behind in the journey towards financial success.

GCash, Cebuana Lhuillier strengthen partnership with over 30,000 agents nationwide

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Partnership to enable wider cash-in/cash-out, money remittance services

GCash, the Philippines’ leading mobile wallet, and Cebuana Lhuillier, the leading microfinance service provider in the country, are strengthening their partnership through the expansion of service distribution network and the introduction of domestic remittance transfers soon to be available via GCashPadala app.

From left to right: Jose Luis Reyes – Vice President – Head of Enterprise & Public Sector (Gcash), WinsleyBangit – Chief Customer Officer (GCash), Ambassador Philippe Jones Lhuillier – Chairman and Founder (Cebuana Lhuillier), FilemonCabungcal – Chief Financial Officer (Cebuana Lhuillier), and Stephen Yap – Head of Domestic Sales (Cebuanna Lhuillier).

Starting December, millions of Filipinos will be able to receive money via GCashPadala and do cash-in/cash-out transactions at over 3,000Cebuana Lhuillier branches, 26,500 corporate agents doors, and 1,900 retail agents, nationwide.

“At GCash, we strive to continuously offer safe and convenient services that will cater to the needs of every Filipino wherever they are, especially during the new normal. Cash In and Cash Out services are now easier and more accessible with more than 30,000 agents nationwide. Together with Cebuana Lhuillier which has been working with GCash for many years now, we will continue to innovate in order to make the lives of Filipinos better every day. With the upcoming activation of GCashPadala, sending money to loved ones will soon be made easier for families across the country. The funds are easily received via Cash In and Cash Out at the nearest Cebuana Lhuillier,” said GCash president and CEO Martha Sazon.

“We boast our wide network reach with our more than 3,000 brick-and-mortar branches nationwide that enable Filipinos to have a hassle-free and easier access to money transfer services. We always believe that by partnering with reliable and trusted companies such as GCash, we will be able to pursue our mission of financial inclusion for all our kababayansfrom all walks of life and wherever they may be,” Cebuana Lhuillier president and CEO Jean Henri Lhuillier added.

Cebuana Lhuillier’s head of money transfer business Erlinda M. Sumanga believes that their partnership with GCash has helped Filipinos adjust to the evolving money transfer services, especially during and post-pandemic.

“Over the course of our partnership with GCash, we were able to respond to Filipinos’ need for an efficient means of sending money, which was more pronounced ever since the pandemic. We are excited for this new partnership milestone with GCash and we are looking forward to see how we can further help our clients here and abroad to make money remittance services flexible, secured, and faster,” Sumanga said.

Not yet on GCash? You can download the GCash app for free on the Google Play or App Store.

For more information, visit www.gcash.com.