Since its establishment in 2013, Home Credit Philippines has transformed the country’s consumer finance landscape, serving over 11 million customers nationwide. As a non-bank financial institution, it bridges the gap between traditional banking and underserved consumers, offering installment financing with low or 0% interest, cash loans, an exclusive credit card, and the Qwarta virtual spending limit. With a vast network of over 15,000 partner stores, Home Credit ensures that financial solutions are accessible to both first-time borrowers and experienced credit users.
In 2018, the company became the first non-bank institution in the Philippines to issue credit cards, a milestone endorsed by the Bangko Sentral ng Pilipinas. This achievement highlights its dedication to offering reliable financial services and fostering financial empowerment.
Commitment to Sustainability and Governance
Home Credit Philippines integrates sustainability into its business model, aligning with the European Sustainability Reporting Standards and supporting the United Nations Sustainable Development Goals. The company’s sustainability framework is built on three core pillars: digital empowerment, financial inclusion, and economic growth.
A strong governance structure reinforces its commitment to responsible financial services. With transparent policies, including anti-bribery and anti-money laundering measures, as well as an enterprise-wide risk management framework, Home Credit ensures ethical business practices while mitigating financial risks. Additionally, materiality assessments help refine its ESG strategies to address emerging challenges and opportunities.
Fostering a Diverse and Inclusive Workforce
Diversity, equity, and inclusion are central to Home Credit’s corporate culture. The company employs over 15,000 people across the Philippines, with Millennials and Gen Z professionals making up the majority of its workforce. In 2024, Home Credit achieved 49 percent female representation, including five women in leadership roles, demonstrating its commitment to gender equality.
Beyond gender diversity, Home Credit actively supports LGBTQ+ advocacy and women in leadership through partnerships with local organizations and participation in national Pride events. These efforts reinforce its mission to create a workplace where all employees feel valued and empowered.
Prioritizing Employee Well-being and Growth
Home Credit Philippines invests in the well-being and professional growth of its employees through comprehensive programs such as #WellnessForLife. This initiative offers health insurance, mental health support, and wellness activities to promote a balanced work environment. Employee engagement is fostered through town halls, executive sessions, and employee social clubs.
Training and career development are also key priorities. Digital learning modules, leadership training, and mentorship programs ensure continuous growth. The company’s HYPE Data Analytics Acceleration Program for fresh graduates and its award-winning HR initiatives, including a 2023 Bronze accolade from the HR Excellence Awards, highlight its dedication to employee advancement.
A Vision for a Financially Inclusive Future
Home Credit Philippines’ recognition as an Industry Champion reflects its success in creating a financially inclusive and digitally empowered ecosystem. By bridging gaps in consumer finance, driving digital transformation, and prioritizing people, the company continues to empower millions of Filipinos. This prestigious award cements its role as a leader in financial services, dedicated to shaping a more sustainable and financially secure future for the nation.
