MANILA, Philippines, Feb. 12, 2026 /PRNewswire/ — The Asian Improvement Financial institution (ADB) and Fuse Financing Inc., the lending arm of GCash, are set to spur the expansion of the Philippine micro, small, and medium enterprise (MSME) sector with a $30-million landmark mortgage program, a first-of-its-kind partnership within the Asean fintech panorama.
[L-R] Performing Regional Director Jay Acar, Division of Commerce and Business; Martha Sazon, President and CEO of Mynt, the mother or father firm of GCash; Secretary Cristina Roque, Division of Commerce and Business; Tony Isidro, President and CEO of Fuse Financing Inc.; Christine Engstrom Director Common for Sectors Division 3 in Finance of the Asian Improvement Financial institution; and Subhashini Chandran, SVP, Mastercard Heart for Inclusive Progress. The non-public and public sectors are working collectively to advertise monetary inclusion for micro, small, and medium enterprises (MSMEs) and girls entrepreneurs. On February 6, the Asian Improvement Financial institution and Fuse Financing Inc., the lending arm of GCash, launched a landmark mortgage partnership for MSMEs along with Mastercard and DTI and performed a monetary literacy workshop to assist their development.
“This fintech partnership is the first-of-its variety for ADB within the Asean area and marks a major step in advancing monetary inclusion within the Philippines,” stated Isabel Chatterton, Director Common, Non-public Sector Operations Division of Asian Improvement Financial institution.
There are 1.24 million registered enterprise institutions as of 2024, over 99 % of that are MSMEs. But, entry to financing stays a key barrier. In response to an ADB research, entry to credit score and capital ranks because the second most vital problem for MSMEs, after entry to markets. With the dearth of entry to dependable funding, some small companies are compelled to close down operations in lower than 12 months[1].
“This funding allows us to speed up our assist for girls entrepreneurs and small companies in underserved areas, sectors with immense potential to drive the nation’s long-term development,” Fuse Financing Inc. President and CEO Tony Isidro stated.
“Our partnership with ADB strengthens our firm’s basis for sustainable and inclusive development. This underscores our dedication to supporting MSMEs’ affect and scale,” Mynt President and CEO Martha Sazon stated.
The Mastercard Impression Fund, administered by the Mastercard Heart for Inclusive Progress additionally prolonged funding to assist Fuse in successfully reaching and serving the precedence MSME segments.
This milestone partnership was witnessed by over 250 MSMEs at an occasion in Taguig Metropolis. 10 MSMEs nominated by the Division of Commerce & Business (DTI) had been awarded capitalization assist to assist advance their enterprise operations. “Greater than the dimensions of financing, what makes this partnership significant is its intent: to make sure that capital reaches entrepreneurs who’re able to develop however have lengthy been underserved by conventional techniques. By aligning public-sector priorities with private-sector innovation, this collaboration helps widen the trail to formal, truthful, and sustainable entry to finance for MSMEs.” DTI Secretary Ma. Cristina Roque stated.
For extra info, please go to www.gcash.com.
