Tag: partnership

Sun Life and Go Negosyo team up to empower Filipino entrepreneurs

Filipino entrepreneurs have long been the backbone of the country’s economy, driving growth and innovation in every corner of the nation. Yet, the road to success for Micro, Small, and Medium Enterprises (MSMEs) is often fraught with challenges that can be difficult to overcome. To address these hurdles, Sun Life Philippines and Go Negosyo have joined forces in a strategic partnership aimed at empowering Filipino entrepreneurs and securing their future.

Tackling Entrepreneurial Challenges Head-On

Running a small business in the Philippines comes with a unique set of challenges. Access to capital is one of the biggest obstacles, with many entrepreneurs struggling to secure the funds they need to start or expand their businesses. Traditional financing options often come with stringent requirements that MSMEs find hard to meet.

Another major challenge is financial literacy. Many entrepreneurs lack the knowledge and skills needed to manage their finances effectively, leading to issues like poor cash flow management, inadequate savings, and difficulty in making informed financial decisions. This gap in financial knowledge can severely limit the growth potential of their businesses.

Risk management is also a critical concern. Small business owners often overlook the importance of insurance, leaving their businesses vulnerable to unexpected events such as natural disasters, health emergencies, or economic downturns. Without adequate protection, these unforeseen challenges can threaten the survival of their enterprises.

The partnership between Sun Life and Go Negosyo aims to address these challenges by providing comprehensive support to MSMEs. Through this collaboration, Sun Life will offer tailored financial solutions that are designed to meet the specific needs of small business owners. These solutions include easier access to capital, insurance protection, and expert financial planning services that can help entrepreneurs navigate the complexities of managing their businesses.

Press Release - Sun Life x Go Negosyo Partnership 03
Thermina Akram, Go Negosyo Executive Director; Joey Concepcion, Go Negosyo Founder, Carla Gonzalez-Chong, Sun Life Philippines  Chief Client Experience and Marketing Officer; and Cary Casipit, Sun Life Philippines Head of Client Segments Marketing

A Strategic Alliance for a Brighter Future

Sun Life Philippines, a leader in life insurance, and Go Negosyo, a prominent non-profit organization dedicated to promoting entrepreneurship, have come together with a shared vision: to create a thriving ecosystem where Filipino entrepreneurs can succeed and reach their full potential.

As part of this collaboration, Sun Life will play an active role in Go Negosyo’s 3M on Wheels program—a mobile entrepreneurship caravan that travels across the country to bring business support services directly to MSMEs. At these events, Sun Life financial advisors will be on hand to offer financial consultations, helping entrepreneurs to future-proof their businesses and align their personal financial goals with their entrepreneurial ambitions.

Additionally, the partnership includes the introduction of innovative tools such as the “Play for Life: A Game of Choices” board game, which Sun Life presented to Go Negosyo. This game can help business owners by imparting valuable financial literacy lessons in a fun and engaging way. By gamifying the learning process, Sun Life hopes to make financial education more accessible and relatable for entrepreneurs.

Sun Life Play for Life Board Game
Sun Life Play for Life: A Game of Choices Board Game

Empowering Entrepreneurs to Thrive

Through this partnership, Sun Life and Go Negosyo are not just addressing the immediate needs of Filipino MSMEs but are also laying the foundation for their long-term success. By offering access to capital, enhancing financial literacy, and providing robust risk management solutions, the collaboration is set to empower entrepreneurs to overcome the challenges they face and build sustainable, resilient businesses.

The partnership underscores a commitment to nurturing the entrepreneurial spirit in the Philippines. With the combined resources and expertise of Sun Life and Go Negosyo, Filipino entrepreneurs are better equipped to navigate the complexities of business, secure their future, and ultimately contribute to the growth of the nation’s economy.

For Filipino entrepreneurs looking to take their businesses to the next level, the partnership between Sun Life and Go Negosyo offers a beacon of hope and a pathway to success. By leveraging the support and resources provided through this collaboration, MSMEs can look forward to a brighter, more prosperous future.

To know more about Sun Life’s products and services for business owners, visit
sunlife.co/entrepfinancialplan or talk to a Sun Life Financial Advisor today.

Details provided in a recent press release.

Solane LPG Joins Forces with GCash for Seamless Payment Solutions

In an effort to bolster access to safe and quality liquefied petroleum gas (LPG) products across the Philippines, trusted LPG brand Solane has forged a strategic partnership with GCash, the leading finance superapp. This collaboration aims to provide Solane LPG users with flexible payment options and enhance the accessibility of clean cooking fuel.

Bridging the Gap in Cooking Fuel Accessibility

Despite technological advancements, a significant portion of Filipinos, approximately 54%, still rely on traditional cooking fuels like charcoal and fuelwood, contributing to elevated levels of air pollutants and associated health and environmental hazards. Rising commodity prices have led to the proliferation of unregulated or substandard alternatives to LPG, posing a threat of fires and explosions. To combat these challenges and broaden access to safe kitchen fuel, Solane LPG has joined hands with GCash.

Enabling Flexible Payment Options

The collaboration allows Solane LPG users to conveniently pay for their LPG tanks and refills using their GCash wallet. Through GCash Scan-to-Pay facilities, users can settle their payments at select distributor and retail partners. Additionally, customers have the option to choose GCash as the payment method when placing orders through the Solane LPG app or the Solane web portal.

Credit Solutions for LPG Users

For eligible GCash users, the partnership offers the use of GCredit, GCash’s credit line powered by CIMB Bank, and GGives, a buy-now, pay-later installment option. These credit solutions empower users to purchase LPG refills even when facing financial constraints or limited cash availability.

Expanding Reach and Enhancing Customer Experience

Apart from enhancing the customer experience for existing Solane LPG users, the collaboration with GCash is seen as a strategic move to expand Solane’s market reach. GCash boasts over 80 million registered users, with a significant portion hailing from lower socioeconomic classes, including areas outside Metro Manila. The partnership is strategically aligned with Solane LPG’s goal of affordability, providing an affordable payment option for individuals previously reliant on traditional fuels.

Driving Nationwide Distribution and Innovation

The integration of GCash scan-to-pay facilities is anticipated to propel Solane LPG’s nationwide distribution system, comprising over 80 distributors and approximately 11,000 points of sale across the Philippines. This partnership marks a significant step in incorporating digital payment technology into the LPG industry.

Pursuing a Cleaner, Safer Future

This collaboration with GCash is part of Solane LPG’s ongoing efforts to innovate and enhance its services for the domestic market. Previous initiatives, such as the Hatid Bahay delivery system and the 7-Point Safety Check, demonstrate Solane LPG’s commitment to providing convenient, safe, and reliable LPG products.

The partnership with GCash exemplifies the power of collaboration, bringing together like-minded missions to achieve a common goal of providing a safer and cleaner cooking fuel alternative for every Filipino household. Solane LPG remains dedicated to offering peace of mind with every LPG product sold, and partnerships like this contribute to that mission’s success.

Details provided in a recent press release.

Sun Life and Smart renew partnership to promote financial literacy among cooperatives

Sun Life Philippines (Sun Life), the country’s leading life insurance company for 12 consecutive years, has renewed its strategic partnership with Smart Communications, Inc. (Smart). The aim of this partnership is to enhance financial literacy among cooperatives affiliated with Smart.

Expanding the Program’s Coverage

The renewed partnership between Sun Life and Smart will broaden the program’s reach by conducting financial literacy trainings for cooperatives in various locations, including Benguet, Bulacan, Cavite, Cebu, Davao, Iloilo, and Metro Manila throughout the year. This expansion seeks to empower more cooperative members by providing them with essential knowledge about finance and its relevance to their industry.

Building on Previous Success

Sun Life and Smart are committed to surpassing the achievements of the program in 2022. Last year, the initiative successfully engaged and educated nearly 500 cooperative members on finance fundamentals. The partners aim to build on this momentum and continue empowering Filipinos to pursue their financial goals.

Advocating Financial Literacy

Sun Life has always been a strong advocate of financial literacy, recognizing its crucial role in leading individuals to a brighter life. With the renewal of the partnership with Smart, Sun Life President Alex Narciso believes they can further elevate their efforts and empower more Filipinos to achieve financial independence.

“Sun Life has always been a staunch advocate of financial literacy as we believe it plays a key role in achieving a brighter life. We are always looking for ways to elevate our efforts and help empower even more Filipinos to pursue their financial goals. I believe the renewal of our tie-up with Smart can help us do that,” Sun Life President Alex Narciso said.

Empowering Cooperatives through Financial Literacy

Cooperatives play a vital role in their respective communities and contribute significantly to the country’s economy. Recognizing their importance, Smart is committed to empowering these cooperatives through financial literacy and digitalization. By renewing its partnership with Sun Life, Smart reaffirms its commitment to supporting its partner cooperatives and providing them with relevant solutions.

“Given the key role that cooperatives play in their respective communities and in our country’s economy as a whole, it is important to empower them through financial literacy and digitalization. Through the renewal of this partnership with Sun Life, we are doubling down on our commitment to support our partner cooperatives and help provide them with relevant solutions,” FVP and Group Head of Smart Go-To Market and Subscriber Management Melvin Nubla said.

Joining Forces for Financial Empowerment

The collaboration between Sun Life and Smart represents a collective effort to promote financial literacy and empower Filipinos in their journey toward financial independence. As part of this endeavor, Sun Life encourages individuals to stay updated on the program and other initiatives by following @SunLifePH on social media platforms such as Facebook, Twitter, Instagram, and TikTok. To learn more about Sun Life and its products, visit its website at www.sunlife.com.ph.

Details provided in a recent press release.

Get your groceries from SM markets within an hour via GrabMart

During pre-pandemic times, my go-to for groceries was, of course, SM Markets. Aside from having a store just a stone’s throw away from my house, SM Markets also houses a wide range of grocery products: from fresh and frozen food, snack items, canned goods, personal hygiene and sanitary products, as well as cleaning and houseware goods.

However, the restrictions on mall entry, shortened mall hours and the need to maintain physical distancing resulted into longer lines and longer waiting lines at my local SM Market.

Well, that’s no longer a problem with GrabMart’s partnership with SM Markets which enables users of the Grab app to place orders from selected SM markets via the app- including SM Supermarket, Hypermarket, and Savemore- and receive their orders at home in just an hour.

For a mom like me who manages a full household but has many demands on her time, the combination of SM Markets’ wide variety of products and Grab’s fast delivery times is a great time saver and takes the worrying over how to acquire my family’s grocery needs off my plate.

And here’s another reason to shop at SM Markets via GrabMart: With a minimum order of just Php1200 from any SM Markets branch on GrabMart, groceries delivery is FREE with code SMFREEDEL! Shoppers can save even more  by getting Php300 off with a minimum order of Php2500 with the code SM300! 

Now, mommies can rest easy knowing that their grocery requirements are readily accessible just by opening the Grab app.

Aside from this new amazing partnership, SM and Grab also joined hands to promote safe shopping inside SM Malls. This include allowing users of Grab’s in-app wallet GrabPay to top up their accounts at SM Supermalls. 

For more details on how Grab facilitates life in our New Normal, visit Grab on Facebook.

Grab is the leading super app platform in Southeast Asia, providing everyday services that matter to consumers. Today, the Grab app has been downloaded onto over 214 million mobile devices, giving users access to millions of drivers, merchants, and agents. Grab offers a wide range of on-demand services in the region, including mobility, food, package and grocery delivery services, mobile payments, and financial services across 397 cities in eight countries.