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Mawratanews.lk | Sri Lanka Latest Sinhala News and Headlines
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Home Business

DFCC Aloka and Uber Sri Lanka Partner to Accelerate Action, Expanding Financial Access for Women

March 7, 2025
in Business
Reading Time: 10 mins read
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DFCC Aloka, DFCC Bank’s flagship women’s banking proposition, in collaboration with Uber Sri Lanka, has launched a transformative initiative to unlock greater financial opportunities for female entrepreneurs. Aligned with the International Women’s Day 2025 theme, ‘Accelerating Action,’ the collaboration aims to equip women with essential financial tools and support to grow their businesses, strengthen their economic independence, and drive national progress.

This purpose-driven collaboration goes beyond conventional banking support to create a lasting impact on female-led enterprises. It provides structured financial guidance, networking opportunities, and tailored banking solutions for women earning through the Uber platform. DFCC Aloka enables female drivers, couriers, and merchant partners to scale their businesses and build long-term financial stability by expanding access to capital and financial services.

Shera Hassen, Vice President, Head of Pinnacle and Aloka Propositions at DFCC Bank PLC, said, “DFCC Aloka is a catalyst for change. Women entrepreneurs face unique challenges regarding financial access, often limiting their ability to expand and sustain their businesses. Through this partnership with Uber Sri Lanka, we are committed to breaking these barriers by offering tailored banking solutions that empower them to achieve financial independence. When women succeed, the benefits extend beyond individuals, uplifting families, communities, and the national economy.”

Varun Wijewardane, Country Manager – Delivery, Uber Sri Lanka, added, “Uber is committed to ensuring that our platform is an enabler of opportunities for all. Many women on our platform can benefit from securing capital and accessing financial tools that could help them grow. By partnering with DFCC Aloka, we are strengthening financial inclusion, helping women maximise their earnings, and creating more pathways for them to thrive as entrepreneurs.”

Under the initiative, Uber-registered female drivers, couriers, and merchant partners will have access to POS machines for seamless transactions; M-Teller services for efficient payments; dedicated credit lines for working capital; fuel cards to manage costs; corporate credit cards for business transactions; savings and financial literacy programs; and, preferential loan rates on leasing, iConnect services, short-term loans, and project financing.

By championing female entrepreneurship through sustainable financial solutions, DFCC Aloka continues to redefine inclusive banking. Empowering women to thrive as entrepreneurs strengthens Sri Lanka’s economy, reinforcing DFCC Aloka’s leadership in financial empowerment and driving meaningful progress for future generations.

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