“Road to 20 by 2020” is a multi-stakeholder campaign aimed to prepare financial institutions for their own digital disruption through the Digital Transformation Accelerator Program (DTAP).
Small farmers and fisherfolk will soon have easier access to affordable financing to help increase their productivity as well as expand their connections to markets with FinTQ?s? Accelerated Growth and Rural Inclusion (AGRI) platform.
The amount, which will be managed by Liwanag ng Kapayapaan Foundation in partnership with local cooperatives in Mindanao, will serve as seed capital to pilot the country’s first digital halal microfinancing initially for 500 displaced microentrepreneurs in Marawi City.
The partnership was formed to support DTI’s objective of providing 100,000 MSMEs around the Philippines with digital solutions by 2020.