Discover our latest news, learn new things and read customer success stories
Airing on 31st July 2022, “The 9th+ hour” episode centered on the work-life stories of factory workers in Binh Duong province, part of the Southern Key Economic Region in Vietnam.
This was the first episode of “The 9th+ hour” show that GIMO co-produced with the General Confederation of Labor and Vietnam Television.
Participating in the gameshow were Mr. Tiem Vu – Deputy Head of Publicity and Education Commission; Ms. Nhung Nguyen – Deputy Head of Women’s Affairs Commission and Ms. Le Bui – Chief Marketing Officer of GIMO.
The episode started with the “On Shift” round, where contestants displayed flawless production skills, leaving the audience in awe.
On the other hand, the “Shift Break” round delved into the contestants’ working life. While the “Breakthrough” team shared the details of an exemplary worker jumping hurdles and navigating roadblocks, the “Pioneer” team brought up predatory lending, which is wreaking havoc on the workers’ community.
Unexpected expenses sometimes incur, but not all workers can access responsible and affordable financial services. In desperate times, they must turn to predatory solutions that charge high-interest rates and use violent means to intimidate borrowers. This makes the workforce vulnerable to distress, and businesses face productivity loss.
To shield employees from dire financial situations, many company unions step up and embrace on-demand pay. Via a mobile app, workers can access their earned yet unpaid wages any time before their payday, steering away from loan sharks.
Ms. Nhung Nguyen highlighted that on-demand pay is a practical welfare initiative that could help employees overcome financial shocks and upend predatory lending.
In the last session – “Off Shift”, the contestants got tested on their knowledge of the labor regulations in Vietnam through picture quizzes and skits.
New episodes of “The 9th+ Hour” gameshow co-produced by GIMO air at 3:00 PM every Sunday, from 31/07 to 04/09/2022.
Social Impact Fintech GIMO Raises US$17.1M To Fuel Expansion And Bridge Financial Inclusion Gap In Vietnam
24 Jul, 2023
Featured Blog
Hanoi, Vietnam, July 24, 2023 GIMO, a Vietnam-based startup providing flexible pay and financial well-being solutions for underbanked workers, announces the completion of Series A funding round with total capital raise of up to US$17.1 million. The final closing, comprised of a mixture of equity and debt financing, came only five months after the company […]
FinTech startup GIMO hits first close of Series A at $5.1 million
-
14 Feb, 2023
-
Featured Blog
Hanoi, Vietnam – Vietnam’s fintech start-up GIMO today has announced the first close of its Series A funding with a US$5.1 million investment led by TNB Aura. Other investment firms joining the round are returning investors including Integra Partners, Resolution Ventures, Blauwpark Partners, ThinkZone Ventures, and Y Combinator. GIMO’s latest financing follows a year of […]
Loan sharks prey on vulnerable workers with Lunar New Year just around the corner
-
16 Jan, 2023
-
Home
Unscrupulous lenders could try to cash in on the upcoming Lunar New Year holiday as blue-collar workers cope with the festive spending. Predatory lenders prey on blue-collar workers as the Lunar New Year approaches The 2022 survey of the Vietnam General Confederation of Labor revealed nearly 59% of workers had no savings, 38% were in […]
Stay in the know
