BDO sustainability bond helps over 68K Filipino riders secure livelihoods

BDO Unibank said its ASEAN Sustainability Bond has helped expand livelihood opportunities for tens of thousands of Filipino riders by improving access to motorcycle financing, particularly in underserved regions.

Through a partnership with Unistar Credit and Finance Corporation, the bank supported 68,409 workers in acquiring motorcycles used for delivery, logistics, and transport services. The units were purchased through Transcycle, Unistar’s motorcycle retail arm, which operates 280 branches nationwide.

More than half of Transcycle’s branches are located in Visayas and Mindanao, areas where access to formal credit remains limited. The financing initiative has allowed riders to secure motorcycles that serve as primary tools for income generation, especially in the growing delivery and transport sectors.

“For many riders, owning a motorcycle brings a unique sense of freedom, independence and mobility, while opening doors to better income and daily opportunities. Being able to support these journeys is what makes our work truly meaningful, especially for riders and families across Visayas and Mindanao,” shared Matthew Siy Cha, CEO of Unistar Credit and Finance Corporation.

While motorcycles remain a practical mode of transport for many Filipinos, BDO Unibank said it is also mindful of the need to move toward cleaner and more efficient transport systems. The bank said it continues to support projects that promote green infrastructure as part of its long-term commitment to a low-carbon economy.

“We believe that access to financial services is essential for economic empowerment. Through BDO’s ASEAN Sustainability Bond, we are helping Filipinos gain the financial tools they need to build sustainable livelihoods,” said Charles M. Rodriguez, BDO’s Executive Vice President and Head of Institutional Banking Group.

Beyond individual borrowers, the initiative has also benefited micro and small enterprises that rely on delivery and transport services. Improved mobility has enabled businesses to reach customers more efficiently and reduce operating costs, while communities gain better access to goods and essential services.

BDO said the program demonstrates how sustainability-linked financing can generate broader social and economic benefits, particularly in regions where financial inclusion remains a challenge. Through its ASEAN Sustainability Bond, the bank aims to support productivity, entrepreneurship, and participation in the country’s increasingly digital and service-driven economy.