Cashalo celebrates a major milestone with the signing of a US$75 million loan facility from global investment firm Community Investment Management. The partnership aims to expand access to fair and responsible digital lending for underserved communities in the Philippines, supporting Cashalo’s mission to promote financial inclusion and uplift more Filipino lives. (From L-R): Luke Stidham - President of Paloo Financing; Mac Muir - CFO of Empower; Gabby Ayala - General Manager of Paloo Financing)
Cashalo, a leading digital financial services provider in the Philippines, has secured a loan facility of up to US$75 million from global private investment firm Community Investment Management (CIM). The facility will support Cashalo’s rapidly growing business in the Philippines and further its mission to expand access to fair credit to millions of underserved Filipinos.
