Tala, the pioneering fintech company for the Global Majority and a trusted financial app partner of micro, small, and medium enterprise owners, offers more than just a platform for women entrepreneurs to access flexible online credit, such that the app provides them with the opportunity to take charge of their finances, elevate their businesses, and realize their aspirations.
This commitment is integral to the app’s mission of closing the financial disparity for the Global Majority and unlocking their economic potential.
Missy Santos, Tala’s marketing manager, affirmed, “We’ve witnessed numerous success stories from Tala customers who kickstarted and expanded their ventures with our financial services. These achievements resonate deeply with us, aligning with our goal to be a steadfast ally to entrepreneurs, particularly women, on their path to success.”
One such success story is Aimee, a devoted mother and longtime user of the app. Aimee’s journey began when traditional banks turned her down for loans due to her limited credit history. Thankfully, she discovered the app through a friend’s recommendation.
With just a P1,000 initial investment, Aimee generated profits that she reinvested into her business, gradually expanding its scope. Through timely repayments, she also increased her borrowing capacity. Today, Aimee not only aids others in accessing credit through the app’s referral program but has also ventured into selling beauty products, significantly improving her family’s financial stability.
Tala’s dedication to empowering women entrepreneurs extends beyond financial services.
The app includes comprehensive financial education, equipping mothers, homemakers, and aspiring businesswomen with the essential tools and knowledge to manage their finances effectively.
As part of the initiative, Tala, in collaboration with Spark and the Quezon City local government, hosted the TALAkayan workshop for mothers on May 18, 2024, led by financial literacy advocate and expert Salve Duplito.
Tala app user, Aimee.
