Sunday, May 5, 2024

Digido Finance Corp. volunteers promote coastal resilience, biodiversity restoration by planting over 1,000 mangroves at Bataan

The mangrove area in Barangay Camachile serves as the primary source of livelihood for Samahan Ugnayan sa Pangisdaan ng Orion, Bataan (SUGPO).


Promoting coastal resilience and biodiversity restoration, employees and management of Digido Finance Corp. (DFC), operator of multi-awarded fintech platforms Digido and UnaCash, planted 1,161 mangroves during its latest environmental, social, and governance (ESG) activity in Bataan.

Over 30 volunteers from DFC took part during the activity in Barangay Camachile, Orion, planting seedlings and propagules from the bakauan-lalaki (Rhizophora apiculata), bakauan-babae (Rhizophora mucronata), Bungalon (Avicennia marina) and Pagatpat (Sonneratia alba) species

Collaborating with Nature Awareness and Conservation Club, Inc., over 30 volunteers from DFC took part during the activity in Barangay Camachile, Orion, planting seedlings and propagules from the bakauan-lalaki (Rhizophora apiculata), bakauan-babae (Rhizophora mucronata), Bungalon (Avicennia marina) and Pagatpat (Sonneratia alba) species.

The mangrove area in Barangay Camachile serves as the primary source of livelihood for Samahan Ugnayan sa Pangisdaan ng Orion, Bataan (SUGPO), a municipal-wide association of village-level fishers organizations.

Dragonpay and Macrokiosk were among the company’s trusted partners that supported the event through various contributions. Prior to the event, DFC also mobilized creative, in-house fundraising efforts to add more mangroves for planting.

Various environmental groups cite the importance of mangroves as they contribute to disaster risk reduction, such as the mitigation of flooding, lessening of storm surges, and the protection of coastal communities. Multiple studies also cite mangrove forests’ capacity to store carbon, making them an effective solution for reducing greenhouse gas emissions and tackling climate change.


Commenting on the initiative, Digido Finance Corp. head of human resources and administration Diane Tinoko said: “When there was an opportunity to create further awareness about the importance of mangrove rehabilitation and restoration, the company immediately decided to conduct this project. We recognize how nature-based solutions such as this one are important for the Philippines to mitigate the effects of extreme weather events and are thankful to our staff and trusted partners for having the same drive to make our communities more sustainable.”

The event is part of the company’s series of environmental, social, and governance (ESG) activities, aimed to enhance the well-being of communities and promote sustainability.

About Digido

Digido believes every hard-working Filipino should have access to convenient and secure financial tools.


With a growing line of inclusive lending solutions through our mobile app and official website, we at Digido offer instant and transparent financing for the underbanked and underserved consumers of the country, helping them immediately participate in the formal digital ecosystem, strengthen their financial well-being and reach their personal goals faster and easier.


Services under the Digido platform are financed by Digido Finance Corp. with SEC Registration No. 202003056 and Certificate of Authority No. 1272.


Digido’s trusted services have been lauded by the Global Retail Banking Innovation Awards, International Finance Awards, World Business Outlook Awards, International Business Magazine Awards, Pan Finance Awards, The Global Economics Awards, the Global Banking & Finance Review and the Global Financial Market Review.


About UnaCash

UnaCash offers people-centric, in-app and in-store digital financial solutions tailored to the evolving needs of Filipinos. Its ‘Buy now, Pay later’ service has been upgraded to include point-of-sale loans, accessible via online and in-store partner merchants. 


With the help of analytics and data-driven technologies, UnaCash is driven to continuously improve products and develop new services that will bridge critical financial gaps in the Philippines. The UnaCash app is available through the Google Play Store and Huawei AppGallery.


UnaCash services have been recognized by outstanding organizations namely The Global Economics, The Digital Banker, Global Business Outlook, The Digital Banker, and International Finance in 2023.

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