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        • Today Bitcoin Price at $6,800 USD
        • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
        • Macropay on Alternative & local payment methods that are reshaping global e-commerce
        • Bank of America is preparing for a flood of Applications to Small-Business Loan
        • Microsoft might be the best tech stock in this market
        • US Airlines To Work Collectively, Consolidate Flights
        • Bank of America maintaining business continuity and protecting the bottom line
        • US long-term mortgage rates drop
        • Bitcoin Price Bulls have been rejected at $7,000
        • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
        • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
        • Chase bank will raise up to $10 billion
          • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
          • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
          • Bank of America agreed to allow 50,000 mortgage customers to defer payments
        • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
          • Roll up the Sleeves! American Airlines was down -10.34%
          • Mortgage calculator rates today April 2, 2020
          • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
          • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
            • With Bank of America card you can request a payment deferral online
              • Bank of America fields 150,000 installment deferral demands
            • Coronavirus – Travel Insurance no cover cancellations
              • Bank of America said it won’t cut any positions
          • Bitcoin Price Today April 2 – BTC rise to $6,700
          • Mortgage calculator rates today March 31, 2020
          • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
          • Bitcoin Price Recovering After a Sharp Decline
          • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
          • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
        • Bank of America U.S. Minimum Hourly Wage Reaches $20
          • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
          • P2P Crowdlending – Average Interest Rate 18%
          • $633 Million BTC Transferred For Simply $0.26 Payment
        • Prime ICO Advertising and marketing Companies
        • Bank of America will provide up to $250 million
        • Bank of America VC: You tend to do the wrong thing at the wrong time
          • Bitcoin Price Jump as Coronavirus Curve Begins to Flatten
            • Bitcoin Price Today April 3
            • Bitcoin Price Is Sometimes Bullish in Q2
            • Bitcoin Price Tumble Beneath $ 6,000
            • BTC Price Today 5 | April, 2020
            • Bitcoin Price and S&P 500 – Here’s how much bitcoin beat the Dow and S&P 500 in the first quarter
              • Today Bitcoin Price at $6,600
                • Bitcoin Price Bulls Reaches: “Live or Die”
                • BTC Price Today | 6 April 2020
          • Bank of America sees big year for Microsoft ahead
            • American Airlines coronavirus downgrade
              • Bitcoin Price Rejected $6,600
              • Bitcoin Price Trace It Will Fall to $ 5 K
              • BTC Price Today April 4
                • Stock Market Today 31 March, 2020
              • US Bank Raises $586M Against COVID-19
                • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
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        • Mortgage rates today, April 3, 2020 plus reviews
          • cmc currency details
            • cmc exchange details
              • Shortcodes
        • Microsoft Vulnerability: Hundreds of Microsoft Servers Contaminated By Crypto-Mining Botnet Since 2018
          • Cision PR Newswire
          • Coupons – Best websites
            • Aeromexico Rewards Chart
            • Get Avios Points Free
        • Today Bitcoin Price at $6,800 USD
        • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
        • Macropay on Alternative & local payment methods that are reshaping global e-commerce
        • Bank of America is preparing for a flood of Applications to Small-Business Loan
        • Microsoft might be the best tech stock in this market
        • US Airlines To Work Collectively, Consolidate Flights
        • Bank of America maintaining business continuity and protecting the bottom line
        • US long-term mortgage rates drop
        • Bitcoin Price Bulls have been rejected at $7,000
        • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
        • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
        • Chase bank will raise up to $10 billion
          • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
          • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
          • Bank of America agreed to allow 50,000 mortgage customers to defer payments
        • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
          • Roll up the Sleeves! American Airlines was down -10.34%
          • Mortgage calculator rates today April 2, 2020
          • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
          • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
            • With Bank of America card you can request a payment deferral online
              • Bank of America fields 150,000 installment deferral demands
            • Coronavirus – Travel Insurance no cover cancellations
              • Bank of America said it won’t cut any positions
          • Bitcoin Price Today April 2 – BTC rise to $6,700
          • Mortgage calculator rates today March 31, 2020
          • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
          • Bitcoin Price Recovering After a Sharp Decline
          • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
          • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
        • Bank of America U.S. Minimum Hourly Wage Reaches $20
          • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
          • P2P Crowdlending – Average Interest Rate 18%
          • $633 Million BTC Transferred For Simply $0.26 Payment
        • Prime ICO Advertising and marketing Companies
        • Bank of America will provide up to $250 million
        • Bank of America VC: You tend to do the wrong thing at the wrong time
          • Bitcoin Price Jump as Coronavirus Curve Begins to Flatten
            • Bitcoin Price Today April 3
            • Bitcoin Price Is Sometimes Bullish in Q2
            • Bitcoin Price Tumble Beneath $ 6,000
            • BTC Price Today 5 | April, 2020
            • Bitcoin Price and S&P 500 – Here’s how much bitcoin beat the Dow and S&P 500 in the first quarter
              • Today Bitcoin Price at $6,600
                • Bitcoin Price Bulls Reaches: “Live or Die”
                • BTC Price Today | 6 April 2020
          • Bank of America sees big year for Microsoft ahead
            • American Airlines coronavirus downgrade
              • Bitcoin Price Rejected $6,600
              • Bitcoin Price Trace It Will Fall to $ 5 K
              • BTC Price Today April 4
                • Stock Market Today 31 March, 2020
              • US Bank Raises $586M Against COVID-19
                • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
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      • Is Discover Visa or Mastercard?
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      • Walmart Money Card – Review
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      • Best Mortgage for Low Down Payment 2020
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    • Mortgage Calculators
      • Mortgage calculator rates today April 1, 2020
      • Mortgage Calculator – Students Benefits
      • Mortgage Calculator – Homeowners and renters Get Payment Relief
      • Calculator for mortgage to millennials
      • Mortgage Calculator Modification – What Is?
      • Mortgage Calculator Canada: Rates Are Rising
      • Mortgage Calculator Home – Is it time to repair your own home mortgage?
      • Mortgage Calculator
      • Mortgage Calculator Rates Today April 3
      • Mortgage Calculator Online
      • Mortgage Calculator Coronavirus: UK mortgage market goes into lockdown
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      • Stimulus Check
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      • Roundpoint Mortgage
      • Midland Mortgage
      • Simple Mortgage Calculator
      • Freedom Mortgage
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      • WTI Oil Prices
      • Brent Crude
      • Crude Oil
    • Agricultural Products
      • Corns
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      • Lean Hogs
    • Precious Metals
      • Platinum
      • Gold
        • Best Place to Buy Gold
        • Price of Gold
        • 5 Ways In order to Buy Gold
        • Gold Price Chart
        • Gold Futures
      • Silver
    • Industrial Metals
      • Copper
  • Insurtech
    • Insurtech “Best of…”
      • Best Life Insurance of 2020
      • The Best Renters Insurance Companies 2020
      • Best Pet Insurance Providers of 2020
      • Best Home Insurance Companies for 2020
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A brand new model helps small companies keep afloat

Jung Min-seo by Jung Min-seo
November 27, 2020
in Mastercard
0

Home » A brand new model helps small companies keep afloat

The Wants Map is a five-year-old web site that goals to deliver collectively these in want with those that may also help. With the current monetary and infrastructural assist of Mastercard Turkey, they’re setting out on an bold mission.

Ihtiyac Haritasi, ‘the Needs Map’ in English, is a web site that goals to deliver collectively folks in want with individuals who may also help to reply these wants. As a result of all requests and provides undergo the directors of the web site, it’s a extra reliable course of than merely making a gift of items or cash to random strangers on the web. As soon as the particular person in want publishes his want on-line after admin approval, he can apply for supporters’ provides. 

Fee applied sciences chief Mastercard and the Wants Map have united to help growing wants and to revive the native economic system, help small companies and to fulfil the wants of those that have sought assistance on the Wants Map web site. The mission covers 20 cities and has acquired a 1.5 million TL ($188,118) funding from Mastercard. Each events emphasise that they plan on persevering with this mission sooner or later.

The Wants Map, now 5 years outdated, was first introduced on October 7, 2015 in the course of the UNDP (Eurasia and CIS Regional workplace) Social Good Summit and brings collectively these in want with supporters on an internet platform. The social mission means something will be requested – from kibble for road animals to high school supplies and even volunteers for a social mission. The platform doesn’t settle for requests for cash and doesn’t publish them. The principle web page shows a map with completely different cities’ wants. As a result of the Wants Map is on-line, it might probably attain any metropolis, any residence and any particular person with web entry.

Mastercard and the Wants Map’s ‘Hand to Hand Support Movement’ has arrange a social market the place these in want can procure their wants from native small enterprise house owners. With all of the groundwork full, as of November 27, 2020 native companies will start a brand new manner of doing enterprise through the ‘Hand to Hand Support Movement’ platform.

The mission will begin in ten cities in its first stage, together with Istanbul, Ankara, Izmir, Eskisehir, Gaziantep, Adana, Mersin, Trabzon, Elazig and Denizli. It should finally unfold to 20 cities within the subsequent stage, with the intention of finally reaching all 81 cities of Turkey. The mission plans to produce native wants from native institutions and to help the native economic system whereas serving to native small enterprise house owners to digitise and e-trade to flourish.

Mastercard Turkey General Supervisor Yigit Caglayan says Mastercard’s precedence is to maintain all institutions working no matter scale or sector; to maintain their actions going with out interruption. 

“As an organization, we’ve all the time been engaged on having the digital economic system work for everybody in every single place. The Mastercard Middle for Inclusive Progress, established in 2018, in its Covid-19 help programme, has put aside a sum of 1.5 million TL, to help people in want and native institutions, for a social cooperative for the primary time in Turkey.”

Caglayan says that the mission foresees people adversely affected from Covid-19 obtain meals, hygiene merchandise and different fundamental wants through the ‘Hand to Hand Movement’ member native institutions.

“We have completed the infrastructure work on local small business owners to go digital and for e-trade to flourish. There are about 7,000 food and hygiene packages and 20 cities involved in this project,” including that, “We plan to create a sustainable economy by covering for the needs of economically fragile individuals with stakeholders in the local economy.”

Saying he’s completely happy that the Mastercard funds geared in direction of social duty are serving to these in want whereas supporting the actors of the native economic system, the Wants Map co-founder Mert Firat feedback “Because the Wants Map, we’ve acted with the intention of transferring the funds to the fitting sources, quick and effectively, whereas aiming to assist native institutions of their comeback. Mastercard and the Wants Map has created a system the place people in want may supply their wants from native distributors and we’ve made analyses from each metropolis to succeed in correct information.”

Nermin Ozturk and her husband Iskender are the house owners of Kosem Gida in Kucukesat, Ankara. “With the referral of Cankaya Municipality, the Needs Map people contacted us. Then they came to visit us. They told us about the project in which they would buy food and hygiene products from local businesses and hand over to those in need,” they are saying.

“We had struggled, as well as many people we knew. So when we heard about such a project we were happy and we wanted to be part of it,” they added. “During the visit of the Needs Map crew, we shared all the necessary documents, took photographs, filled out the registration form together and learned how to use the system.”

Supply: TRT World

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