Fintrex Finance supports women tuk drivers with great leasing offers

Friday, 28 June 2019 00:00 - - {{hitsCtrl.values.hits}}

In Sri Lanka, tuk-tuk rides have become a norm. With cities becoming more congested, parking problems and the need for convenience has popularised this mode of transport.

Introduced in the 1980s, this mode of transport grew steadily as a quick fix for unemployment amongst the youth. The demand for tuk-tuks also grew mainly due to the static performance of the public transport system. For their private and personal use, many families and corporates also invested in tuk-tuks as a means of cheap and affordable transportation.

As a male-dominated industry, there are now signs of women entering this market. As women become more entrepreneurial and independent and are keen on seeking their own fortunes, many have invested in tuk-tuks, breaking the stereotyping. Women tuk drivers also hold an advantage as they are seen as safer, more reliable and trustworthy. However, one of the main hurdles faced by these women is finding the means to purchase their own vehicles. They face roadblocks when it comes to loans and leasing as a majority of them already have other bank commitments. As an industry newcomer, Fintrex Finance has a range of attractive finance solutions for these women. “We understand what these women face when it comes to obtaining financial assistance and we have some ideal solutions for them,” said Fintrex Finance Ltd. Chief Executive Officer Tamara Dharmakirti-Herath. “Our leasing facilities can be tailor made to suit their financial capabilities and we have some great savings schemes that will benefit these ladies too.” The Fintrex Finance offer includes monthly timely payment cash benefits that will be credited to the customer’s account. “This is a form of a savings that can be used for emergency cash requirements or saved,” added Dharmakirti-Herath. Additionally a hospitalisation cover of Rs. 20,000 p.a. along with a Lease Protector, which in the event of accidental death, a maximum of Rs. 250,000 will be paid by the insurer towards the settlement of the lease will ensure they and their families are safely covered in any untoward situation. According to Dharmakirti-Herath, Fintrex Finance will bear 50% of the insurance cost for the first year for women drivers.

Another advantage of getting financial assistance from Fintrex Finance is the quick and efficient service standards maintained throughout their island wide sales centers. Sales staff are at hand to help and facilitate with documentation and the necessary paperwork to speed up the process and ensure fast delivery of vehicles.