Improving financial inclusion for the underserved
Grab seeks to democratise access to financial services for partners, many of whom are ‘invisible’ to traditional financial institutions.
Grab’s Impact in 2024
~$2.2 billion
~$2.2 billion In loan disbursals*, an increase of 46% year-on-year.
*See 2024 ESG Report for more details
1 in 3
1 in 3active driver-partners has a loan with Grab as of December 2024.
100%
100% of driver-partners are provided with insurance coverage for work-related accidents
Secure futures with accessible financial support
Flexible cash access for driver-partners
Cash loan offerings are provided for driver-partners across all markets to give them better access to credit in case of emergency situations or when they have larger-ticket expenses to bear. These are designed to be responsible and accessible financial solutions, ensuring that driver-partners can meet their financial needs without resorting to high-interest or unlicensed lenders.
Fast and accessible financing to support MSMEs
For micro, small, and medium enterprises (MSMEs), access to timely financing can mean the difference between survival and growth. Grab’s merchant cash loan programme is designed with MSMEs in mind, ensuring that merchant-partners can quickly and easily access financing to sustain and expand their businesses.
Improving financial protection through GrabInsure
Grab co-creates insurance policies with industry players, designing insurance solutions based on a deep understanding of the pain points that driver-partners face when it comes to getting insured. Through GrabInsure, innovative, accessible, and affordable insurance solutions tailored to the unique needs of partners are offered.
Thanh Xuân Chicken Rice, a small business in Vietnam, expanded their operations using a loan from GrabFin. The 400 Million VND loan enabled them to invest in new kitchen equipment and upgrade their store.
"“We’re grateful for the loan from Grab. It gave us the support we needed to grow, without the stress. We’re proud of how far we’ve come—and excited for what’s next.”
Grab merchant-partner
Vietna
