Filipinos Bring Home 5,000 Smartphones Daily Thanks to Home Credit’s Flexible Financing

Home Credit Philippines (HCPH), the nation’s top consumer finance company, continues to transform how millions of Filipinos access essential products. From smartphones to home appliances and mobility solutions, HCPH has become a trusted partner in making modern living affordable and within reach.

At their recent event, Future Focus: Building Tomorrow Together, Home Credit shared impressive milestones. Since January 2024, they have financed 2.5 million smartphones—averaging 5,000 new devices every day through August 2025. This remarkable growth highlights Home Credit’s evolution from a small retail booth in 2013 with just 33 customers, to serving over 12 million Filipinos nationwide today.

From Modest Beginnings to Nationwide Reach

Home Credit started with humble roots but quickly grew its footprint to cover 18,000 partner stores and 10,000 sales associates across the Philippines. “Our mission has always been to empower Filipinos to live better by providing accessible financing options,” said Puneet Suneja, Chief Sales Officer. “Serving 12 million customers today shows how our commitment to affordability is making a real impact.”

Premium Smartphones Within Every Filipino’s Reach

Among financed products, premium smartphones especially iPhones, remain a favorite. Financing for these devices surged to ₱10 billion in 2024 and is projected to double to ₱20 billion by the end of 2025. Home Credit’s flexible payment plans allow Filipinos to upgrade to the latest technology without the immediate financial burden.

Bringing Comfort and Convenience to Every Home

Home appliances like refrigerators, televisions, and air conditioners are also popular financing choices. During peak seasons, Home Credit finances daily averages of 700 refrigerators, 1,400 televisions, and 1,100 air conditioners, underscoring the growing demand for modern, comfortable living spaces.

Mobility Made Affordable Across the Philippines

Motorcycles and e-bikes have become essential for many Filipinos, with the Philippines ranking as the world’s fifth-largest motorcycle market. Recognizing this trend, Home Credit has financed nearly 70,000 motorcycles and e-bikes so far in 2024, totaling ₱4.5 billion in sales. These financing options provide not just transportation but greater independence and flexibility in everyday life.

Protecting Your Purchase and Peace of Mind

Home Credit offers Home Credit Protect, a protection program that safeguards both borrowers and their purchases. For as low as ₱3 a day, the cost of a simple pandesal, customers can secure coverage against accidents, illness, and device damage. Nearly 70,000 devices have already been repaired or replaced through this program, reflecting the trust Filipinos place in Home Credit’s commitment to support beyond financing.

Driving Economic and Digital Growth

Home Credit’s role goes beyond individual financing, it actively contributes to the country’s economic momentum by enabling technology adoption, improved household comfort, and accessible mobility. Sheila Paul, Chief Marketing Officer, emphasized, “We’re proud to support a generation of Filipinos who are embracing new technology and convenience every day.”

To learn more about Home Credit Philippines and its latest offers, visit www.homecredit.ph

 or download the Home Credit App on Google Play, the App Store, or Huawei AppGallery. Stay updated by following their official Facebook, Instagram, and TikTok pages.