Rabbit Cash, in partnership with Srithai Superware PCL (SET: SITHAI), has received the ‘TSCN Sustainability Award’ for the ‘Rabbit Cash Employee Welfare Loan × Srithai’ project at the Sustainability Expo 2024. The project aims to strengthen employees’ financial stability within the organisation, aligning with the ESG framework and SDGs. This award reflects the commitment of both organisations to sustainable business operations, especially in the social aspect, by building financial stability to improve employees’ livelihood and quality of life. As a result, they were honoured with the TSCN Sustainability Award by the Thailand Supply Chain Network (TSCN).
Miss Ratchanee Saensinchai, CEO of Rabbit Cash Co Ltd, said upon receiving the award, “The collaboration between Rabbit Cash and Srithai in the ‘Rabbit Cash Employee Welfare Loan × Srithai’ campaign demonstrates the importance of conducting business based on the ESG concept to achieve sustainable growth. Employees are the starting point and the key force in organisational development. Therefore, Rabbit Cash focuses on supporting the sustainability of organisations by helping employees achieve financial stability through the ‘Rabbit Cash Employee Welfare Loan’ project. This provides organisations with a tool to support their staff in emergencies
while preventing borrowing from illegal lenders.
Mr Chaiwat Kulphattaravanich, Executive Director of Srithai Superware PCL, stated, “Srithai is aware of the financial instability of employees, which is a significant issue affecting work efficiency and quality of life. The primary causes are a lack of proper financial planning and continuously increasing debt. This problem leads to accumulated stress and great concern among employees. Srithai aims to help employees maintain financial liquidity, which is why we joined the organisational sustainability project, ‘Rabbit Cash Employee Welfare Loan × Srithai.’ This initiative allows employees to access low-interest funding, along with advisory services to reduce debt burdens and plan finances effectively. This project aligns with the United Nations Sustainable Development Goals (SDGs), which focus on promoting sustainable economic growth, quality employment, and decent work for everyone. We firmly believe that this project will be a crucial mechanism to strengthen the financial stability of our employees, resulting in improved living standards, increased happiness, and a sustainable work-life balance. This foundation will support long-term improvements in quality of life.”
The ‘Rabbit Cash Employee Welfare Loan’ is designed to meet the needs of organisations and companies looking to enhance the financial benefits for employees, who are the driving force of business. Its key features include a low interest rate of just 1.25% per month, no credit check, no guarantor required, fast approval, and 24/7 application availability.
In addition, the project emphasises promoting financial literacy to employees through financial planning training and guidance on debt reduction and settlement, to strengthen their financial stability. Since its launch just over a year ago, the initiative has been well received, with over 300 partner organisations participating and more than 100,000 employees nationwide benefiting from the project.
“Rabbit Cash is committed to expanding partnerships with various organisations to support sustainability at an organisational level. It also aims to develop a diverse range of loan products and financial services, ensuring that Thais from all walks of life have equal access to funding, because Sustainability: The Heart of Sustainability Starts Within You.
For more information, visit https://www.rabbitcash.co.th.