Tala celebrates 6 years in PH of empowering Filipinos thru responsible lending

Tala, the world’s leading digital lender for the unbanked, today celebrates its 6th year anniversary in the Philippines. Over the past six years in the Philippines, the company has served millions of Filipinos, allowing them to gain access to much needed credit and improving their lives.

“At Tala, we strongly believe that financial inclusion is vital for both economic growth and individual prosperity. We take pride in our contribution to the Filipino economy and globally as well,” said Iona Iñigo-Mayo, Senior Director for Global Customer Experience at Tala. “As we celebrate our 6th anniversary in the Philippines, we reiterate our commitment to serving the financial needs of Filipinos and promoting financial literacy.”

Commitment to Empowering Individuals Through Responsible Lending

Financial inclusion extends beyond access to money. Tala’s commitment to empowering individuals, from its app’s product design and customer support to leveraging responsible lending practices, raises industry standards and sets a precedent for the true meaning of financial inclusion.

Tala’s unique way of assessing a person’s ability to repay a loan by analyzing non-traditional data, such as on-time payments, community involvement, and strong social networks, provides a much clearer profile of a person’s financial situation.

One Tala customer affected by the coronavirus pandemic shares how Tala has helped her with her financial crisis, “During the pandemic I went through a lot of financial crises, but Tala is very reliable until now. It is very easy to apply as long as you are a good payer.”

As Tala celebrates its 6th year in the Philippines, the company remains steadfast in its mission to provide the resources to allow individuals to bridge the financial gaps that often exclude the unbanked and underserved sectors of society.

Enhancing Customer Financial Well-Being through Partnerships

Over the past six years, Tala has acquired over two million customers in the Philippines, demonstrating its commitment in so many ways, expanding offerings to Filipinos and fostering financial literacy through mission-aligned partnerships.

Customers’ trust in Tala has led the company to continue to