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Showing posts with label Asian Development Bank. Show all posts
Showing posts with label Asian Development Bank. Show all posts

23 February 2026

Newsletter: ADB and GCash Fuse partner to unlock inclusive finance for MSMEs, women and fight poverty in the Philippines

[THIS IS A PRESS RELEASE]

[L-R] Mastercard Center for Inclusive Growth senior vice president Subhashini Chandran; Finance of the Asian Development Bank director general for sectors department 3 Christine Engstrom; Fuse Financing Inc. president and CEO Tony Isidro; Department of Trade and Industry secretary Cristina Roque; and Mynt president and CEO Martha Sazon

Micro, small, and medium-sized enterprises (MSMEs) and women entrepreneurs across the Philippines are set to gain significantly better financial access after the Asian Development Bank (ADB) approved a  Php 1.75 billion ($30 million) loan facility to Fuse Financing Inc., the lending arm of GCash, the country’s leading finance superapp and largest cashless ecosystem.