Uber and Elahi Group launch 1st “Rickshaw Financing Program”

Karachi(Cliff News)Uber, the global smartphone app that offers safe, reliable and affordable transport options for riders and drivers, has joined hands withElahi Group (EGC) to launch an innovative ‘Rickshaw Financing Program’ for Uber partner-drivers in Pakistan.Through this partnership, Uber aims to provide a solution for driver-partners who are unable to finance their own vehicle. With EGC’s ‘Vehicle Installment Program’, the new and existing Uber driver-partners, especially those who do not have access to a vehicle or credit record, can pay down the cost of a rickshaw in affordable installments over a financing period of up to 3 years.Omar Askari, Head of Business Development at Uber Pakistan said: “There is a dearth of efficient financing options in the rickshaw market. Our partnership with The Elahi Group will deliver a program that provides our driver partners access to a vehicle in an easy and affordable manner. We are excited to build a mechanism that empowers our fellow citizens to benefit from the economic opportunity our technology platform facilitates.”Speaking about the partnership, DanishElahi – CEO of Elahi Group of Companies, said: “This innovative Rickshaw Financing Program, in collaboration with Uber Pakistan, is an ideal response to the increasing demand for affordable and creative transportation services in Pakistan. We are looking forward to bringing this program to Uber partner-drivers, creating a pathway for them toutilise the economic opportunities available to them through Uber and be active and empowered members of the community.”The Rickshaw Financing Program is part of Uber Pakistan’s commitment to increase the supply of affordable Uber products in Pakistan, create more economic opportunities and empower marginalized individuals.

What is Uber?

Uber is evolving the way the world moves through its app. By seamlessly connecting riders to drivers at the push of a button, we make cities more accessible, opening up more possibilities for riders and more business for our partner drivers and transport operators. Uber’s rapidly expanding global presence continues to bring people and their cities closer and is currently providing service in more than 600 cities across 77 countries on six continents. To request a ride, users must download the free application forAndroid, iPhone, Windows Phone, Blackberry 7, or sign up at uber.com/app. For more information, please visit: uber.com/cities.

NOTES:

For more information:http://www.uber.com/lahore or email 

What is EGC?

Elahi Group of Companieshttp://egc.com.pk/index.php/ market leaders in warehousing & logistics business in Pakistan. They have been involved in pulses, sugar and other commodity trading for over four decades and other business interest includes setting up a Passenger Airline, Pharmaceutical business, Passenger & Cargo Bus network and supply chain / sourcing of OEM raw materials. The Group wholly owned subsidiary is manufacturer of PC strands Aluminum Conductor wire ropes as primary supplier to NTDCL and Distribution Companies. The group has been importer / sole-agent / distributor of internationally recognized brands in the electronics industry

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