FINTQ wins Financial Inclusivity Award at the AGROW Awards 2018. In photo (from left): Presidential Adviser for Entrepreneurship and Go Negosyo Joey Concepcion, FINTQ Managing Director Lito Villanueva, and Agriculture Secretary Emmanuel Pinol.
FINTQnologies Corp. (FINTQ) brought home the Financial Inclusivity Award for its Mobile Crop Loan via Lendr during the first AGROW Awards 2018 held at Mall of Asia SMX Convention Center last October 1.
“We are grateful that institutions such as the ASEAN Business Advisory Council Philippines, Go Negosyo, and the Department of Agriculture recognize our efforts in enabling our partners and vital sectors in society such as the Agri industry through the platforms we build. It is imperative for us that we provide our partners with sustainable innovations that will propel growth and allow them to cater to the communities they serve.” said Lito Villanueva, FINTQ Managing Director.
“The true winners here are the farmers and individuals in the agriculture sector who were able to gain access to credit thru FINTQ’s Mobile Crop Loan platform,” he added.
The Financial Inclusivity award recognizes institutions who have not only provided exemplary financial services to the micro, small, and medium agri-enterprises, but have also increased the financial literacy of Filipinos, especially in the agriculture sector.
FINTQ’s Mobile Crop Loan is ASEAN’s first digital agri-loan facility housed in the Lendr platform. It is designed to automate the loans application process for small farmers in the Philippines. Through the Mobile Crop Loan, farmers are able to apply online for financing for each crop cycle. Producers Bank, FINTQ’s partner bank for the Mobile Crop Loan product, is also able to cut the turnaround time to process a loan from application to release to one to three days from two to three weeks.
The AGROW Awards is conferred by the ASEAN Business Advisory Council Philippines in partnership with Go Negosyo and the Department of Agriculture. It recognizes sterling