Category: Finance

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Empowering the Next Generation Through Education, One Cash Loan at a Time

A story about achieving dreams and finding support during tough times with Home Credit

In a culture where education is considered invaluable, most families prioritize schooling to empower the next generation; and, although finishing education poses challenges especially financial ones, there are unwavering pillars in every family who dedicate their every waking moment to providing a better life for their loved ones.

However, despite their dedication, these pillars, whether they are the parents, the eldest siblings, or the breadwinners of the family, sometimes need reliable support to keep them moving forward, no matter how grueling the challenges may be.

Committed to being the Filipinos’ financial ally, Home Credit Philippines, the country’s leading consumer finance company, offers its customers support whenever they need financial assistance through a variety of products and services that cater to their needs. One of them is the Home Credit Cash Loan, a product that allows customers to get quick cash loans ranging from PhP3,000 to PhP150,000, which they can use for a wide range of expenses, especially for tuition fees and back-to-school purchases.

Reliable support in navigating life’s challenges

Such was the case for the 53-year-old Rowena Milleva Resaba, a resident of Barangay San Andres in Malvar, Batangas, whose goal has always been to provide for her family and ensure that they get the education they need to arm them for the future. Driven by relentless effort and unconditional love, she tirelessly works towards ensuring her family’s well-being.

As a breadwinner, wife, and mother of four, Rowena has faced numerous financial hurdles while taking care of her family. However, thanks to Home Credit Cash Loan, her family was given a lifeline—a crucial support that helped them navigate both their everyday and unexpected financial challenges.

Rowena first discovered Home Credit in 2017 during a visit to a nearby mall, which presented her with the opportunity to purchase a cellphone for one of her daughters to use for her studies. Fast forward to 2020 during the pandemic, Rowena and her husband were struggling financially, especially with three children studying at the same time—one in college and two in high school. Thankfully, Home Credit was there right when they needed it most.

“Ang pangarap ko para sa aking mga anak ay makatapos silang lahat para pagdating ng panahon na magkaroon sila ng pamilya, maganda ang magiging buhay ng mga anak nila. Kaya naman ang pinaka-pinagkakagastusan talaga namin dito sa bahay ay pagaaral.

Noong 2017, kumuha ako kay Home Credit ng cellphone na ginamit ng aking anak sa pagaaral. Noong 2020, kinailangan ko ang cash loan para sa pagbabalik-eskwela ng aking mga anak. Ang una kong kinuha ay P40,000 na cash loan, ang sumunod naman ay P100,000 na ginamit ko para panggastos sa pag-aaral ng aking mga anak at pampuhunan sa aming maliit na negosyo,” Rowena said.

(My ultimate dream for my children is for them to finish their studies, so they can provide a good life for their future children. This is why our finances at home really are focused on education.

In  2017, I took a loan from Home Credit to buy a cellphone that was used by my daughter for her studies. In 2020, I needed to take a cash loan for my children’s back-to-school expenses. My first loan was worth P40,000, my next one was worth P100,000, both were used to pay for my children’s studies and as capital for our small business).

Achieving educational dreams, one loan at a time

Home Credit’s provision of reliable support through cash loans helped Rowena and her family manage their expenses and improve their lives. Rowena’s dream of having her children finish their education was fulfilled as one of her three children graduated, and the remaining two are on their way to getting their diplomas as well.

“At Home Credit, we are committed to providing Filipinos with innovative solutions that enhance their lives. We are delighted to hear stories like Rowena’s, where our Cash Loan offering has provided essential support in overcoming their family’s challenges and pursuing their dreams.

It’s fulfilling to know that through our products, we can transform lives, one loan at a time. Stories like this fuel our commitment to being a financial partner that empowers our customers to achieve their goals and live better lives,” Sheila Paul, Chief Marketing Officer of Home Credit Philippines, remarked.

Rowena expressed her gratitude to Home Credit for playing a significant role in their lives.

“Malaking pagbabago ang nagawa ng Home Credit Cash Loan sa aming buhay. Nagpapasalamat ako sa Home Credit sa tulong na naibigay nito sa aking buong pamilya. Hindi ko malilimutan ang Home Credit hanggang sa huli,” she said.

(Home Credit Cash Loan has made a significant difference in our lives. I am grateful to Home Credit for the assistance it has provided to my entire family. I will never forget Home Credit for as long as I live.)

With the family’s trust in Home Credit, the company surprised them by awarding them PhP50,000 to help with Rowena’s family needs and her third daughter’s college expenses. Additionally, Home Credit gifted Rowena’s eldest daughter a smartphone for her son’s studies. This gesture serves as Home Credit’s token of appreciation for Rowena as a loyal customer of the company.

Qualified customers can easily apply for a Home Credit Cash Loan through the My Home Credit Loan App with just two simple requirements: being a Filipino citizen aged 18 to 68 years old and having at least one valid identification card. Approval can be as fast as one minute, with cash disbursement on the same day. For ease of payment, customers can choose flexible installment plans from six to 60 months.

To know more about the latest updates from Home Credit Philippines, visit its official website, www.homecredit.ph. You may also follow its official Facebook, Instagram, and TikTok accounts. Customers are also encouraged to download the My Home Credit App on Google Play to learn more about the latest promos and see what’s new in Shoppingmall.ph.

Home Credit Philippines is a financing company duly licensed and supervised by the Securities and Exchange Commission (SEC) and the Bangko Sentral ng Pilipinas (BSP).

 

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The Unspoken Power of Women: Making Everyday Decisions for Home Well-being

In a world where women’s roles are continually evolving, the significance of their contributions to the family often goes unnoticed. Beyond just maintaining the physical space, women play a pivotal role in decision-making, shaping the well-being and success of their families.

It’s been said that “behind every successful man is a woman,” yet “behind every successful woman is herself.”

Women have long been the unsung heroes, quietly but decisively steering the ship of family life. Indeed, their role is indispensable.

When it comes to household management, women call the shots. Their tasks cover everything from organising the daily schedule of her kids, especially if they are of school age, to ensuring healthy meals and a clean and orderly household. Overall, she ensures that her household runs as smoothly as possible, creating a nurturing environment for her loved ones, and, in doing so, hopes to build a better tomorrow for her family.
One mother joyfully said, “I have to ensure everything runs smoothly. Every detail should be considered because if I fail to do so, I feel like I failed my husband and my children, so I take this role seriously.”

Filipino family cooking together at home – Girl filming her mother, sister and grandmother while they are cooking a traditional asian meal

In a world where women’s roles are continually evolving, the significance of their contributions to the family often goes unnoticed. Beyond just maintaining the physical space, women play a pivotal role in decision-making, shaping the well-being and success of their families.
It’s been said that “behind every successful man is a woman,” yet “behind every successful woman is herself.”

Women have long been the unsung heroes, quietly but decisively steering the ship of family life. Indeed, their role is indispensable.

When it comes to household management, women call the shots. Their tasks cover everything from organising the daily schedule of her kids, especially if they are of school age, to ensuring healthy meals and a clean and orderly household. Overall, she ensures that her household runs as smoothly as possible, creating a nurturing environment for her loved ones, and, in doing so, hopes to build a better tomorrow for her family.

One mother joyfully said, “I have to ensure everything runs smoothly. Every detail should be considered because if I fail to do so, I feel like I failed my husband and my children, so I take this role seriously.”

In recent years, women have taken an active role in maintaining the family’s financial stability. They are nearly always regarded as the primary gatekeepers in ensuring the family’s financial future, whether they manage the family finances or supplement them with personal earnings.
With a keen eye for detail and a knack for stretching every peso, homemakers make prudent financial decisions that contribute to the stability and prosperity of the household.

And, as the world celebrates women’s strength this March, it also acknowledges their invaluable contributions to decision-making for the benefit of the household and the family as a whole. After all, behind every thriving family, a woman orchestrates its success.

Such is the idea behind EastWest Ageas Life Essentials, a peso-denominated life and critical illness insurance solution that provides coverage until the age of 100. With Life Essentials, homemakers can have an ally in looking after their family’s wellness

EastWest Ageas Life Essentials honours and celebrates women’s vital contributions in shaping the fabric of family life. Their unwavering dedication, resourcefulness, and resilience make them the true architects of home well-being. With Life Essentials by their side, they can continue to navigate the complexities of homemaking with confidence and grace, allowing them to build a better tomorrow.

Amidst the countless responsibilities of homemaking, EastWest Ageas Life Essentials emerges as a reliable solution that will help women excel in their roles as homemakers while also nurturing those they love.
Because when women succeed, so do their families.

EastWest Ageas is a joint venture between EastWestBank and Ageas

EastWest Bank has 30 years of local banking experience, while Ageas is a leading Belgian insurer with 200 years of global expertise. Learn more about how they can help you live your best life right now. Visit their website at ewageas.com.ph or follow them on Facebook and LinkedIn. To help you build a better tomorrow, please contact EastWest Ageas at +632.893.93924 or AskMe@ewageas.com.ph.

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EastWest Ageas Wins Quill and Anvil Awards

EastWest Ageas recently scored wins for its brand transition campaign from two prestigious award-giving bodies: an Award of Merit from the 20th Philippine Quill Awards and a Silver Award from the 59th Anvil Awards.

The two respected organizations recognize exemplary bodies of work in business communications, marketing, and public relations. “We are honored to receive these awards, as they show that we are on the right track on our journey to even greater success.  And I am immensely proud of our team,” shares EastWest Ageas President and CEO Sjoerd Smeets.

The Philippine Quill Awards is given by the International Association of Business Communicators (IABC) Philippines. These awards recognize excellence in strategic communication and outstanding communication skills in the country.

Presented annually by the Public Relations Society of the Philippines (PRSP), the Anvil Award is regarded as the most prestigious symbol of excellence in public relations practice in the country. Entries are evaluated in three phases by distinguished panels of screeners, judges, and multi-sectoral jurors, both from the Philippines and abroad.

Rebranding to EastWest Ageas

The award-winning campaign was born through the partnership between EastWest Bank, one of the country’s fastest-rising banks with 30 years of local experience, and Ageas, the Belgium-based global insurance company with 200 years of insurance expertise. The company officially transitioned into EastWest Ageas in 2022.

“We needed a name that captures our ambitions to grow and serve more Filipinos so they can have a better tomorrow while also reinforcing our story to the public,” Joub Miradora, Chief Customer Officer, shares.

EastWest Ageas (EWA), formerly Troo, started its life insurance operations in the Philippines in 2015. In its first year, the company ranked 34th and reached the 12th spot by the end of 2022. Now, EastWest Ageas aims to grow even further in the industry by leveraging its strong corporate culture and a range of customer-centric business transformations. And the first transformation was the brand itself.

With these recognitions from the Philippine Quill Awards and the Anvil Awards, the brand transition is a testament to the power of taking risks and embracing the promise that transformation brings. More can be expected from EastWest Ageas in 2024 as the company continues to build a better tomorrow for all Filipinos.

EastWest Ageas is a joint venture between EastWest Bank and Ageas.

EastWest Bank has 30 years of local banking experience, while Ageas is a leading Belgian insurer with 200 years of global expertise. Learn more about how they can help you live your best life right now. Visit their website at ewageas.com.ph or follow them on Facebook and LinkedIn. To help you build a better tomorrow, please contact EastWest Ageas at +632.893.93924 or AskMe@ewageas.com.ph.

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Home Credit Philippines Celebrates Its 10th Anniversary With A Fantastical Outing For 14,000 Employees To Enchanted Kingdom And Other Venues.

Home Credit Philippines (HCPH) recently held celebratory events for its 14,000-strong workforce in honor of its 10th anniversary. For the first time in the company’s history, the top consumer financing firm invited its employees, their families, and friends to celebrations held at different resorts and convention centers around the country.

An enchanting day in the Enchanted Kingdom was planned for more than 6,700 employees from Metro Manila and neighboring regions, guaranteeing maximum fun. For those two days, the theme park was off-limits to the public. Workers received two standard day passes, spending money, a complimentary photo to commemorate the occasion, and a reimbursement for their transportation costs. Additionally, each employee may bring up to five guests.

Its promise of “no small roles” was kept. Employees from HCPH’s 30 regional offices enjoyed a variety of outdoor and aquatic activities at adjacent resorts and conference centers to honor the company’s “everyone matters” motto.

Since we opened for business in the Philippines a year ago, the Home Credit family has expanded greatly. In just a decade, we went from 158 personnel to the staggering 14,000 we have today. To keep our employees in peak emotional and physical health during this expansion, we require their full participation. Everyone here knows how important our employees are to our business’s success. We respond by giving them chances to succeed on a personal level and redirecting their attention to other parts of their lives, such as their mental health. Chief People Officer Alpha Omega Aquino of HCPH noted that this work break is one of several initiatives to encourage a healthy work-life balance in honor of the company’s tenth anniversary.

Visit www.homecredit.ph, Home Credit Philippines’ official website, to be informed of their most recent deals and promotions. It also has official accounts on TikTok, Instagram, and Facebook, which you may follow. In addition, customers may stay updated on all the newest promotions and mall happenings in the Philippines by downloading the My Home Credit app from Google Play.

Home Credit Philippines is a financing company duly licensed and supervised by the Securities and Exchange Commission (SEC) and the Bangko Sentral ng Pilipinas (BSP).

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Filipinos’ Go-To: In 2023, Home Credit Financed 1.7 Million Mobile Phones.

Home Credit, the top consumer finance provider in the Philippines, has uncovered a fascinating market trend: a rise in the number of commodities purchased, with 1.7 million mobile phones being financed in particular. Products sold at a record high thanks to Home Credit’s year-long promotions, such as their most recent 0% APR installment financing offer.

With a marked increase in purchases across all categories this year, Home Credit can see that customer tastes have changed. With an emphasis on helping Filipinos achieve their dreams, Home Credit’s solutions have evolved to match changing lifestyle choices and objectives.

The highest number of units sold was in the mobile and tablet category, which shows that people still rely on these devices for work, school, and recreational activities. The 1.7 million units sold in this category demonstrate how critical these devices are to people’s daily lives. With a whopping 100% rise in sales compared to last year, Apple has truly become the top mobile brand for Home Credit. This year, we’d like to promote the brand Apple.

The Filipino consumer market is ripe with opportunities for home improvement projects. With 420,000 appliances funded by Home Credit, it’s clear that the demand for updating households was high. People looking to upgrade their household appliances before the new year have been drawn to these models because of their features that improve efficiency and ease.

Additionally, there was a noticeable uptick in the demand for home improvement materials such as furniture, computers, televisions, and gadgets, which may be interpreted as a desire for more connected and comfortable houses. One of the main reasons for these items’ appeal is their specifications, which aim to provide an exceptional combination of performance and comfort.

Additionally, there has been notable demand for sustainability-related goods, particularly e-bikes. An indicator of the expanding green lifestyle and alternative mobility product trends, e-bike sales have increased 122% this year on Home Credit.

One of the main factors propelling these purchases has been Home Credit’s launch of The Great 0% Festival. Spend six to eighteen months with zero percent interest on a variety of payment plans during this limited-time promotion. Accessible at Home Credit partner retailers and Shoppingmall.ph, these deals lower the price of electronics and lifestyle items, ensuring that Filipino families have an unforgettable holiday season.

Make sure you don’t pass over the awesome Great 0% Festival! Take advantage of Home Credit’s limited-time holiday promotion that lasts until January 2024 to make all your holiday party wishes come true!

At www.homecredit.ph, you can get all the information you need about Home Credit Philippines, including the most recent news and updates. Also, you may follow the official accounts on Facebook, Instagram, and TikTok. For additional information about current promotions and what’s happening at Shopping Mall Philippines, customers are also advised to download the My Home Credit App from Google Play.

Home Credit Philippines is a legal and regulated financial institution in the Philippines, under the close supervision of the SEC and the BSP.

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Get Ready To Improve Your Home Appliances This Holiday Season With Our Handy Guide

Take advantage of Home Credit’s 0% interest offers on a variety of payment plans right now.

Filipinos throughout the nation are getting ready to celebrate the most anticipated season of the year to the fullest. Decking the halls and updating home appliances are two things that come to mind for many people when they think about how to make the holiday season more enjoyable and stress-free. Also, before the new year begins, now is a great time to make some improvements to your home

Home Credit, the top consumer lending firm in the nation, has some great home improvement deals for anyone who wishes to upgrade from old, broken appliances to new, state-of-the-art models.

Also, take advantage of Home Credit’s exclusive 0% interest offer for up to 18 months and flexible terms to buy the most cutting-edge and energy-efficient equipment for your house without breaking the bank.

To add a little something more to your holiday season, consider these home appliances that you may buy with a Home Credit appliance loan:

Two-Door, 7.0 Cu. Ft. Condura Refrigerator

With its roomy 7.0 cu. ft. capacity, the Condura two-door refrigerator is the perfect appliance to upgrade your kitchen. Not only does this fridge have plenty of room for all your holiday food and drinks, but it also has energy-saving features that will help you save money on your power bill. Your food will stay fresher for longer thanks to the freezer and refrigerator sections, and your kitchen will look more elegant with the modern design.

Deluxe 10.4 Cu. Ft. Two-Door No-Frost Inverter Refrigerator by Panasonic with Econavi Technology

The Panasonic Deluxe Refrigerator is an excellent pick for individuals who require additional storage space, boasting a capacity of 10.4 cubic feet. This refrigerator stands out thanks to its No Frost technology, which stops ice from accumulating and gets rid of the hassle of defrosting by hand. It is a great option for those concerned about their impact on the environment, thanks to its Econavi technology, which allows it to automatically regulate the cooling system based on your consumption.

Put an end to cold shock and welcome a hassle-free, energy-saving Christmas season!

Fully Automatic Top-Loading Washing Machine by Sharp, 8.0 kg, Black

The 8.0 kg top-load fully automatic washing machine from Sharp is a game-changer when it comes to doing laundry. With its large 8-kilogram capacity, this appliance is ideal for all your holiday laundry needs. Its sleek black design will bring a modern vibe to your room. Thanks to its state-of-the-art technology, it is both efficient and environmentally beneficial, as it provides a mild yet thorough wash while preserving water.

Featuring a 50-centimetre cooking range, a gas oven with thermostat control, three gas burners, and one electric hot plate, the La Germania Cooking Range makes it as easy as pie to whip up elaborate holiday meals. You may prepare a variety of foods simultaneously using the three gas burners and the electric hot plate. Your roasts and baked products will always turn out perfectly thanks to the gas oven’s thermostat control.

Any kitchen would benefit from this 50-cm cooking range’s combination of form and function.

If you’re looking to save money on top-notch home appliances this Christmas season, Home Credit can help you make it happen. House Credit is currently offering 0% interest on a variety of appliances, making it both possible and financially prudent to upgrade your house.

Whether you’re the one making all the financial decisions at home or you’re just a busy mom, Home Credit has a financing option that will help you get the appliances you want without breaking the bank.

Go over to www.homecredit.ph to see what Home Credit Philippines has been up to recently. You may also follow the official profiles on Facebook, Instagram, and TikTok. To stay updated on all the newest promotions and happenings at Shopping Mall Philippines, customers are also invited to download the My Home Credit App from Google Play.

Home Credit Philippines is a financing company duly licensed and supervised by the Securities and Exchange Commission (SEC) and the Bangko Sentral ng Pilipinas (BSP).

About Home Credit

Home Credit Philippines is the lifestyle partner of every Filipino, providing access to credit through fast, convenient, and affordable financing in more than 14,000 partner stores nationwide. The brand offers a wide range of products, from smartphones and laptops to home appliances and furniture, bicycles and motorcycle accessories to electronics and hardware, sports equipment, and many more, offered at low or 0% interest rates in easy monthly installments.

Nearing its 10th year in the Philippines, Home Credit has served close to 10 million Filipinos. Beyond installment financing and related insurance services, Home Credit also offers cash loans, a virtual spending limit named Qwarta, and a credit card for its existing qualified customers. With the My Home Credit app, Filipino customers are just a click away to get the products they want for an elevated lifestyle. More information on HCPH is available at www.homecredit.ph.

More information on HCPH is available at www.homecredit.ph