Uber helps partner drivers with micro-loans of Rs 35.6 crore


Ridesharing company Uber India said on Thursday that it had distributed nearly 75 crore in micro-loans and fuel credits to its “partner drivers” under its “Uber Care” social protection program during the first year since its deployment.

In addition, thanks to Uber Kifayat (savings), which is part of Uber Care, up to 34,000 car maintenance packages have been facilitated resulting in overall savings worth 95 lakh (money directly benefiting partner drivers).

Launched in 2018, Uber Care provides easy access to microloans, life insurance and family health insurance for thousands of drivers.

Of the nearly 75 crore of micro-loans (unsecured loans) and fuel credit (through IOC and Paytm), up to 35.6 crore of yen was for micro-loans through partners of non-bank finance companies ( NBFC) on the back. Up to 38.7 crore of fuel credit has been facilitated.

“Credit has been the most popular and the most attractive among our partner drivers. The thing that so far has fewer numbers but has captured the hearts of many is a piece of education. To date, the program has helped over 600 children of our partner drivers gain admission to schools, ”said Pavan Vaish, Head of Central Operations, Uber India. Activity area.

More than 90,000 partner drivers have benefited from the initiative and the maximum traction has come from Bengaluru, Delhi, Mumbai, Hyderabad and Pune, Vaish said.

Uber Care defines holistic wellness around two categories: socio-economic benefits and health and wellness. In the area of ​​health and wellness, Uber recently partnered with DocsApp to facilitate free medical consultations. “About 92,000 drivers have signed up for DocsApp. About 1,000 consultations are done every week, ”Vaish said.

Uber has also partnered with Ayushman Bharat to facilitate free healthcare for its partner drivers.

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