5,000 Filipinos Bring Home Smartphones Daily with Home Credit
Smartphones have become more than just gadgets—they’re essential tools for work, school, and staying connected. But not everyone can afford the hefty price tags upfront. This is where Home Credit Philippines (HCPH) steps in, making premium devices and other must-haves more accessible to everyday Filipinos. At its recent Future Focus: Building Tomorrow Together event, the company shared an impressive milestone: since 2024, it has financed 2.5 million smartphones—about 5,000 units every single day.
From 33 Customers to 12 Million Filipinos Served
What started as a small booth with only 33 customers in 2013 has grown into the country’s leading consumer finance partner. Today, Home Credit reaches over 12 million Filipinos through 18,000 partner stores nationwide, supported by a workforce of 10,000 sales associates.
Chief Sales Officer Puneet Suneja reflected on this journey, saying their mission has always been about empowering Filipinos to achieve more. From smartphones to home appliances and mobility solutions, every milestone represents progress toward making modern living more attainable.
Premium Smartphones Made Affordable
For many, upgrading to an iPhone or other premium smartphone may feel like a dream. But through Home Credit, that dream is within reach. In 2024 alone, financing for iPhones hit ₱10 billion—and by the end of 2025, the number is projected to double to ₱20 billion. This proves just how much Filipinos value staying connected with the latest technology.
Enhancing Filipino Homes and Mobility
Home Credit doesn’t just stop at gadgets. It also helps families upgrade household essentials. At its peak, the company financed:
- 700 refrigerators daily
- 1,400 televisions daily
- 1,100 air conditioners daily
Mobility is another fast-growing category. With the Philippines being the 5th largest motorcycle market in the world, Home Credit makes motorcycles and e-bikes more accessible through flexible financing. Since 2024, nearly 70,000 units worth ₱4.5 billion have been financed—giving Filipinos not just transportation, but also freedom and convenience in daily life.
Peace of Mind with Home Credit Protect
Home Credit also prioritizes customer protection through its Home Credit Protect program. For as low as **₱3 a day—about the cost of a pandesal—**customers can secure coverage for accidents, illness, hospital stays, or protect devices from liquid damage, extend warranties, and get quick repairs or replacements.
As of August 2025, Home Credit has already approved ₱1.75 billion in claims, with almost 70,000 devices repaired or replaced—showing the trust customers place in their protection plans.
Driving Digital and Economic Growth
Smartphone access, appliance upgrades, and mobility financing don’t just benefit individual households—they also fuel national growth. As Chief Marketing Officer Sheila Paul explained, Home Credit’s scale helps drive productivity and strengthens the Philippines’ standing as one of Southeast Asia’s fastest-growing consumer markets.
With 5,000 Filipinos bringing home smartphones daily, Home Credit is proving that access to technology, comfort, and mobility doesn’t have to stay out of reach. Whether you’re dreaming of your next iPhone, upgrading your home, or getting your first e-bike, Home Credit continues to make modern living possible for millions.
If you want to explore financing options, download the Home Credit app on Google Play, App Store, or Huawei AppGallery, or visit their website at homecredit.ph.
