Saturday, July 19, 2025

Suy Sing partners with Fuse to expand credit access for small business owners nationwide

To strengthen grassroots businesses, Suy Sing Commercial Corporation, one of the country’s leading wholesale grocery suppliers, has partnered with Fuse Financing Inc., GCash’s lending arm. This collaboration serves micro and small businesses, including independent supermarkets, mini-marts, groceries, drugstores, and bakeshops through easier financing solutions via GGives for Business.

The partnership provides business owners access to zero-interest loans, helping them finance expansion, strengthen operations, and grow inventory. By supporting essential community retailers, the initiative contributes to broader economic well-being across Philippine neighborhoods.

Small businesses like community groceries remain the backbone of communities, providing convenient access to daily essentials while creating livelihood opportunities. However, accessing financial capital for expansion often remains challenging.

Recognizing their crucial economic role, Fuse launched GGives for Business, a financing solution providing fair, transparent access to working capital. By partnering with Suy Sing, Fuse offers digital credit loans to community groceries and small business owners with little or no credit standing, helping them restock and maintain operations.

“GGives for Business is a commitment to financial inclusion. By enabling access to working capital, we hope to empower small business owners to keep their shelves stocked and their businesses thriving. Our collaboration with Suy Sing allows us to reach these communities more effectively,” said Fuse CEO Anthony Isidro.

Eligible store owners can access loans starting at ₱3,000 with zero interest rates and minimal processing fees. Loan terms offer flexibility with 7 or 14-day options, helping business owners manage inventory cycles and cash flow. For many, this represents their first step into formal credit.

The partnership was formally launched at the Suy Sing Suki Event Convention last May 4, an annual gathering of the company’s partner retailers. This strategic rollout taps into Suy Sing’s established network, making it easier to identify and reach store owners who will benefit from the program.

“Having access to formal credit will boost not only the business operations of our retailers but also their morale. This partnership with Fuse is more than just access to financing; it is a way to empower them with the confidence and stability they need to grow their businesses sustainably,” said Elma Ainza, Suy Sing’s vice president for sales.

Racquel Holazo-Amurao, head of business development at Fuse, emphasized the broader impact of the initiative. “When small business owners can access fair financing, not only does it benefit them, but most especially, it helps strengthen entire communities. This is a step toward making financial solutions more inclusive and accessible.”

This partnership aligns with GCash’s broader mission to bring financial inclusion to underserved Filipinos. By providing responsible, accessible credit, Fuse and GCash, together with their partners, ensure that small business owners can sustain operations, expand their businesses, and better serve their communities, fostering economic resilience at the grassroots level.

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