One problem in the Philippines is that the majority of tricycle drivers does not have the financial capability to purchase their own tricycle unit or are tied to paying off rent for the tricycle. This is where Global Mobility Service, Inc. (GMS) can help by offering them loan opportunities through IoT technology. GMS addresses this problem and improves their lives by providing additional service after their tricycle loan.
Last Jan. 7 at the PICC Reception Hall, GMS, Inc., in cooperation with the NCR TODA, hosted its annual graduation ceremony for drivers and operators who have successfully paid off their tricycle loans. The primary objective of the event, which had more than 1,500 guests, was to commend the hardworking drivers, together with their families, by officially awarding them certificates of completion of payment, which will enable them to continue to improve their lives through sustainable livelihood.
“GMS aims to improve the living standards of households for multiple generations and create a positive chain to the society,” enthuses GMS, Inc. president Tokushi Nakashima.
In addition to this, all those who have successfully paid off their loans can now avail of car loans or educational loans for their family members.
Official sponsors of the event were DNP (gold sponsor), Kawasaki Heavy Industry, Trimotors Technology Corporation (silver sponsors), AEON Credit Service Philippines (bronze sponsor) and Mitsubishi Motors Phils, Security Bank, Suy Sing and K Servico Trading (regular sponsors).
