Home Mobility Mobility News Lalamove promotes financial inclusion through Lalamove Automotive

Lalamove promotes financial inclusion through Lalamove Automotive

Lalamove has launched Lalamove Automotive, a program where anyone can be a Lalamove partner even without a vehicle.

Applying for an auto loan can be a tedious process. People have to consider the different financing options and approval criteria offered by banks, financial institutions, and dealerships. Generally, rejection is common due to a poor credit history, insufficient documents, and a lack of stable income.

Through Lalamove Automotive, partner drivers can upgrade and get a brand new vehicle of their own which they can then enroll in the Lalamove platform. The program offers vehicle choices, application assistance, and exclusive Lalamove privileges and partner benefits. Dannah Majarocon, Lalamove’s managing director, shared that this program helps fulfill Lalamove’s mission of empowering local communities. “With the launch of Lalamove Automotive, aspiring partner drivers can have access to affordable vehicles and get vehicle upgrades through flexible financial terms.” she said.

Lalamove Automotive recently concluded their “November Auto Bonanza” promo, where partner drivers were able to reserve 4-wheel vehicles at low fees and get additional discounts on downpayment. They also held raffles throughout the month where participants got to take home a brand new motorcycle, smartphones, Smart TVs, gift cards, and more. “November Auto Bonanza was Lalamove Automotive’s biggest promo yet,” said Jeff Balanga, Lalamove Automotive’s general operations manager.

Nong Mirarza was one of the first partner drivers to get a brand new vehicle of his own with the assistance of Lalamove Automotive. “Sa Lalamove Automotive ako’y hindi nahirapan kumuha ng sasakyan para pang negosyo (At Lalamove Automotive I had no trouble getting a vehicle for my business),” he said. “Ako’y asikasong-asikaso na at nagka-discount pa (I’m already taken care of and I even got a discount),” he added.

With the rise of digitalization, new avenues are being opened for financial products and services to reach more Filipinos. The launching of Lalamove Automotive in the Philippines is a step towards spreading financial inclusion and empowering more drivers to have the flexibility to earn more using their own vehicles.