KARACHI: To help address needs of its delivery riders, country’s leading online delivery service foodpanda has teamed up with Wasl Investment Finance Ltd a non-bank finance company (NBFC) to provide accessible and flexible motorcycle loan options for its rider fleet.

Muntaqa Peracha Managing Director and CEO foodpanda Pakistan said, “Safety and welfare of our delivery heroes is our top priority and partnerships like this will spell convenience and benefits for one of company’s important stakeholders-riders.” “We are glad to be working with foodpanda in this project that will benefit and create an impact both financially from new bike efficiencies as well as improve overall experience for riders, said Faraz Zaidi CEO Wasl Investment Finance Ltd. foodpanda riders can now get motorcycles on installments as low as Rs. 999 per week. For riders’ convenience, process to acquire new motorcycle is also kept very simple.

Any eligible rider can visit a nearby foodpanda pit stop with his valid CNIC and driving license for registration and a new motorcycle is handed over in next few days. New bikes offer significant fuel efficiencies which improve economics of working as delivery riders. Furthermore, with affordable installment payments, riders are able to own asset within 18 months or less. 

Published in The Daily National Courier, October, 27 2022

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