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Author Topic: Youth Startup Creates An Innovative Online Rental Marketplace  (Read 723 times)

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Youth Startup Creates An Innovative Online Rental Marketplace
« on: August 11, 2020, 07:48:57 PM »
ATTY. CHARLES DE BELEN
DIBI.RENT CO-FOUNDER
09177292437
https://www.facebook.com/dibi.rent/
Maging praktikal. Imbes na bilhin, arkilahin!

YOUTH STARTUP CREATES AN INNOVATIVE ONLINE RENTAL MARKETPLACE WHERE PEOPLE CAN RENT ITEMS FROM OWNERS WHO WISH TO EARN FROM THEIR UNUSED ITEMS

A new business venture has found ways for MSMEs and individuals who own unused or no longer used equipment, appliances, and other items to safely and securely rent out their items to others who need them but are limited by their finances to buy them.

Dibi.Rent co-founder Charles de Belen said items put up for rent on their community sharing marketplace can help people live their passion by kickstarting their businesses, pursuing their hobbies, working from home or studying at home.

"Capital constraints is the 2nd topmost reasons why businesses or micropreneurs in the Philippine cannot start or scale their businesses since they cannot access the equipment they need. Their budget is enough only for a fraction of the whole purchase cost. They only have enough for renting what they need," de Belen said.

"On the other side of the landscape, there are people and businesses who have items that they can rent out because the items were already bought, but the owners of these items such as, gyms, internet cafes, or restaurants got caught in the economic storm of the pandemic, so now they are unable to use what they spent a lot of money on for their businesses as their operations are either suspended or shut down.” Patricia Plan, one of the founders, explained.

 De Belen, Plan, and 2 other co-founders at Dibi.Rent  thought of connecting those two sets of people. They did and they are now positioned to offer their lending services in Quezon City, Makati City, Taguig City, and Pasig City

"The item owners earn passive income from the rent while the renters can earn business or work income from using the rented items and student-renters can earn their course credits and degrees from affordable rented items like computers and study equipment.

Plan said Dibi.Rent uses its "intelligent recommendation system" to connect the item owners and renters.

"Our platform also insures rented items for up to P200,000, thus providing security and peace of mind over the items rented for both lenders and borrowers," she said.

“When COVID struck and we saw how we have unemployment of around 7.2 million Filipinos and are on track to be in one of the worst economic recession in our history, we knew that we should do something to help our fellow Filipinos bounce back and restart their lives,” said Plan.

"The team is looking to continue to improve the Dibi.Rent experience after it launches, and add to the categories that are currently available in the platform," de Belen also said.

Dibi.Rent is now live at www.dibi.rent . Updates on its journey can also be found at https://fb.me/dibi.rent .   (END)

WATCH: https://www.facebook.com/dibi.rent/videos/136417014802346/

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