CPAVI, a top Philippine exporter of coconut-based products and manufacturing partner of global brands like Vita Coco, is known for its dedication to quality and environmental sustainability.
A progressive alternative to loans
Through this partnership with Paywatch, CPAVI reinforces its commitment to employee well-being by offering an innovative financial benefit that allows workers to access a portion of their earned wages before payday.
“We chose to partner with Paywatch because it offers a far better option than taking out short-term loans with interest,” said Noel Tempongko Jr., VP and general manager at CPAVI. “It empowers our team with financial flexibility and autonomy—charging only a flat nominal fee, without long-term obligations.”
Unlike traditional loans, which often come with high interest rates and rigid repayment terms, EWA provides employees with a responsible, interest-free solution to meet immediate financial needs.
With automatic resets each pay cycle, the system promotes sustainable access and avoids debt traps.
Practical, tech-enabled solution
“Our mission is to provide fair financial access and decrease household debt by preventing unnecessary borrowing,” said Rowell del Fierro, country manager of Paywatch Philippines.
“We aim to build long-term financial wellness through practical, tech-enabled solutions that foster confidence and improve workforce engagement,” del Fierro said.
By integrating EWA into its employee benefits, CPAVI underscores its broader goal of responsible corporate stewardship—bridging the gap between economic empowerment and inclusive business growth. —Ed: Corrie S. Narisma
