Sunday, April 21, 2019

Cashwagon donates to Pathum Uyana Special Needs Center

Cashwagon, a fintech company focused on driving financial literacy and education, held a charity event in Sri Lanka. The project, which was made possible by the Cashwagon Sri Lanka Welfare Fund, took place at the special needs school, Pathum Uyana (Park of Wishes), which is managed by Mother Charitable Foundation (MFC).

Cashwagon Sri Lanka was able to assist the school with monetary and non-monetary donations to ease the challenges that MFC faces to provide essential education and care for children and adults with special needs. Cashwagon has a mission to provide financial inclusion and education through its innovative digital platform designed to help people who feel excluded by traditional financial institutions. The CEO of Cashwagon Sri Lanka, Samila Fernando, explains: “People should not be excluded from a quality life due to their physical, mental or financial disability. We strongly believe in taking action to provide equal rights for citizens’ education and well-being.” A focus of the project was to help the unsung teachers; whose commitment plays a vital role in the lives of everyone that attends Pathum Uyana.

“Children with disabilities need dedicated support from qualified teachers who understand their needs,” explains Samila Fernando. “These teachers and minders receive a modest living allowance, which is the very least they deserve for the heart and effort that each of them puts into their work. We are grateful to them and to the Cashwagon family who contributed to such a worthy cause.”

Cashwagon is a fintech (financial technology) company that operates a digital platform, providing access to financial services for the general public. With a head office in Singapore, Cashwagon operates in 6 countries of South-East Asian. Since its Sri Lankan release in April 2017, the Cashwagon platform has connected 123,000 borrowers with lending partners, which disbursed 415,000 loans within Sri Lanka. The company prides itself as a fintech pioneer in the Sri Lankan market and was the first digital platform to introduce rapid online consumer financial services for underserved people, as well as the first company to become a member of the Sri Lanka Fintech Association (FASL). 

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