2023-05-09 13:55:22
Carlos Gustavo Rodriguez Salcedo
Plural and hit it! launched a new financial digital product aimed at supporting micro-entrepreneurs and combating the “drop by drop” loan.
the new product, which is called “Dale Pyme”, is designed to provide financial solutions to small entrepreneurs they are often forced to resort to informal moneylenders who charge exorbitant interest rates.
“Dale Pyme” will offer loans with competitive interest rates, flexible payment terms and an easy-to-use digital platform for loan and payment management. Once the credit is approved, the amount will be disbursed through the Plurall app, in a digital wallet with a Visa franchise debit card, both products provided by dale!
Plurall have the unique ability to originate microloans in record time, ranging from $400,000 up to $8 millionand whose objective is to be a productive capital for businesses.
According to the directors of Plurall and Dale!, the goal of the new product is to help micro-entrepreneurs grow their businesses sustainablyavoiding falling into the “drop by drop” loan trap, which can lead to a spiral of debt and the bankruptcy of their businesses.
“One of the strategic pillars of dale! is to complement our value offer with allies that allow us to come up with innovative proposals and with a social background, is the example of Plurall, together with whom we support Colombian micro-entrepreneurs to access the financing they need to grow their businesses and combat the problem of informal loans”, highlighted José Manuel Ayerbe, Give it CEO!
“Last year we managed to register almost 9,000 microentrepreneurs on our waiting list, and to those we approve, we disburse credits in 10 days. This year we will approve in eight minutes, and disburse in 10 minutes, a great change for a sector that urgently needs it“, said Federico Gómez, co-founder and CEO of Plurall.
With this launch, this Colombian fintech aspires to reach the first 5,000 micro-entrepreneurs throughout 2023.
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