Davao Diaries: March 8, 2025

Shubhrendu Khoche •  March 8, 2025

yufin team with a sari-sari store owner in front of her store

1. yufin revenue and GTV grew 18% month on month in February.

2. Communities heal but it takes time. The yufin team did merchant onboarding today in the old airport area of Davao. It was the scene of a horrific bombing 22 years ago on 4th March 2003. The local community has healed to an extent but it takes time. 

3. Business enterprise has no gender. We onboarded 20 small businesses in the area to yufin in three hours. 19 of the 20 were women owned and run. Not one of those nineteen knew it was International Women’s day today. They go about their business daily and you will get their attention only if you make them more money or cut their borrowing cost.
4. Our partner wholesaler now keeps some popular yufin-exclusive items on their physical shelves and makes them available only via the yufin app!

5. Not only the small business owners but even their pets like our yufin sales ambassadors!

6. Cock fights continue to be big business. Bigger competitions have gone online with bigger money being staked. For many with spare land, rearing cocks is more profitable than farming or running a business.