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Manila Bulletin devider Business devider Trade & Industry devider Converge partners with IT provider for microfinance

Converge partners with IT provider for microfinance

Published Jul 2, 2023 12:59 pm
Fiber broadband provider Converge ICT Solutions Inc. and the primary IT provider for Philippines’ largest microfinance and microinsurance CARD MRI Information Technology (CMIT), Inc. are collaborating to give 8.8 million Filipinos access to financial services. CMIT Inc. is part of 25-member group of financial, non-financial, and community development service providers in the hardest-to-reach communities in the country, CARD Mutually Reinforcing Institutions (CARD MRI). The company seeks to boost CARD MRI’s productivity via Converge's high-bandwidth enterprise-grade connectivity solutions. “CARD MRI has been around for more than three decades," says CMIT Inc. President Edgar V. Cauyan. "Now that we are in the digital age, a reliable partner could make a lot of difference in how we deliver our services to our clients." "We share the same goal of being of service to all Filipinos," acknowledged Converge Chief Operations Officer Jesus C. Romero. "Access to the internet and financial services is much needed to eliminate both the digital divide and poverty in our country," he noted. Converge has been providing businesses and companies with enterprise-grade fiber solutions to support organizations like CMIT Inc. With over 646,000 kilometers of fiber optic cable network, Converge has one of the most extensive fiber networks in the Philippines. The alliance of the two companies echoes the goals of Converge CEO and co-founder Dennis Anthony Uy of leaving no one behind through digital democracy and CARD MRI Founder and Chair Emeritus Dr. Jaime Aristotle B. Alip's financial inclusion and poverty eradication.
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