We all are well aware of the fact that Careem is trying its luck in all types of vehicles. Let it be bikes, cars or even luxury cars, Careem seems to be unstoppable. According to the new report, Telenor Microfinance Bank and Careem are coming on board together. No, they are not doing partnership but it’s more of collaboration. Under this program, Telenor Microfinance Bank will be providing loans to Careem. This will enable the Careem customers to buy the rickshaws on an installment basis. The company’s main focus, however, remains on the fact to provide easy income facility to the common man. At the same time benefiting the country on the financial and economic level.
Both the companies expectations from this collaboration are quite high. They believe this will not only help to fuel entrepreneurship but also increase employment level in the country. Not only this it will make traveling much easier and affordable.
Shedding light over the background it is pertinent to mention that Careem started its rickshaw service back in 2016. The rickshaws were owned by Careem itself. Now through Telenor Microfinance Bank, Careem is providing an opportunity to purchase own rickshaws. The consumers will not only have a steady job but an asset as well. Therefore it is a Win-Win situation in both the conditions.