Maya, a leading digital bank and fintech ecosystem, is expanding its support for micro and small business owners by launching Paleng-Kita — a new credit program designed for market vendors and public transport drivers.
Built on the Bangko Sentral ng Pilipinas (BSP) and the Department of the Interior and Local Government (DILG)-led Paleng-QR Ph initiative, Paleng-Kita enables micro-entrepreneurs to access collateral-free credit by regularly using QR Ph and the Maya app for their daily transactions. This innovation links digital payments to responsible credit access, giving small businesses the financial tools to grow.
“Many small vendors and transport drivers have never had access to formal credit,” said Maya Group president and Maya Bank co-founder Shailesh Baidwan.
“By using their cashless payment history, we can offer them fair, transparent credit and help them build a stronger financial future,” he said.
