Home Credit Philippines (HCPH), the country’s leading consumer finance company, has helped more than 12 million Filipinos access essential products and services, from smartphones and appliances to mobility and insurance.
At its recent event, Future Focus: Building Tomorrow Together, HCPH revealed that it has financed 2.5 million smartphones since the start of 2024—an average of 5,000 devices per day already by August 2025. The company also reported strong growth across other product categories, underscoring how far it has come in just over a decade, evolving from a small retail booth to a nationwide financial partner trusted by millions.
From 33 Customers to 12 Million Loyal Customers
Since opening its first booth in 2013 with only 33 customers, HCPH has grown into the country’s leading consumer finance provider. Today, it reaches millions nationwide through 18,000 partner stores and a dedicated team of 10,000 sales associates.
“Our journey has always been about empowering Filipinos to achieve more,” said Puneet Suneja, Chief Sales Officer of HCPH. “From 33 customers from our first day to 12 million we’ve served today, every milestone reflects our mission of making modern living more attainable—whether through a smartphone, a home appliance, or mobility solutions.”
Premium Smartphones Made Affordable for Every Filipino
iPhones remain the top choice for many Home Credit users looking to upgrade to a premium device. Financing for these smartphones reached ₱10 billion in 2024 and is expected to hit ₱20 billion by the end of 2025—double the previous year’s volume.
Enhancing Comfort at Home, on the Road
HCPH also plays a role in modernizing Filipino households. Refrigerators, televisions, and air conditioners remain top choices among financed items.
During Home Credit’s peak season, the company financed an average of 700 refrigerators, 1,400 televisions, and 1,100 air conditioners per day, highlighting strong demand for comfort and convenience at home.
Mobility, on the other hand, has emerged as a rapidly growing category in the Philippines. According to motorcycledata.com, the country ranks as the fifth largest motorcycle market in the world, highlighting strong local demand.
Recognizing this trend, HCPH makes motorcycles and e-bikes more accessible through flexible financing options, enabling more Filipinos to enjoy convenient and affordable mobility. Since the start of 2024, HCPH has financed close to 70,000 units motorcycles and e-bikes amounting to ₱4.5 billion, providing customers with not just transportation, but also greater independence in managing work, family, and leisure.
All-around Consumer Protection, with Every Purchase
Beyond financing, HCPH also offers Home Credit Protect, a comprehensive program designed to give customers peace of mind without added financial strain. Users can choose between
HC Consumer Finance Philippines, Inc.
15th Floor, Ore Square, Bonifacio Global City, Taguig, Metro Manila
T: (02) 753-5700 W: www.homecredit.ph
Borrower Protection, which covers accidents, life, illness, hospital cash, installment waiver, unlimited online consultations, and protection for borrowers and their families; or Device Protection, which safeguards against accidental liquid damage, offers extended warranty, fast door-to-door repair or replacement, and like-for-like device replacement.
“For as low as ₱3 a day, the same price as a pandesal, customers can protect their purchases, extend product life, and secure coverage for themselves and their families. With Home Credit Protect, they don’t just safeguard their devices; they gain confidence knowing they and their loved ones are covered,” Suneja explained.
As of August 2025, Home Credit has already approved and released over ₱1.75 billion in claims, with nearly 70,000 devices repaired or replaced under Home Credit Protect, showing strong customer trust.
Driving Economic Growth
These achievements underscore the vital role consumer finance plays in the country’s economic and digital growth. Smartphone adoption, appliance upgrades, and mobility access fuel productivity, improve quality of life, and strengthen the Philippines’ position as one of Southeast Asia’s most dynamic consumer markets.
“With our scale and expertise, Home Credit is not only serving individual customers but also contributing to economic activity,” said Sheila Paul, Chief Marketing Officer of HCPH. “We are on track to exceed last year’s performance and will continue supporting a new generation of Filipinos seeking access to technology, comfort, and convenience in everyday life.”
To know more about the latest updates from Home Credit Philippines, visit its official website, www.homecredit.ph, or get the Home Credit App from Google Play, the App Store, or Huawei AppGallery. You may also follow its official Facebook, Instagram, and TikTok accounts.
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).
