Home Credit eyes P100-B loan receivables in 2025

Financial services firm Home Credit expects its loan receivables to hit ₱100 billion this year, driven by growing partnerships and an expanding customer base.

Home Credit’s receivables currently stand at about ₱85 billion, up from ₱74 billion at end-2024, said marketing and communications group head Sheila Paul in a Thursday briefing.

“We’re hoping to hit the magic 100 within the year,” she said.

The company’s customer base has risen to 12.2 million, while partner stores nationwide grew to 18,000 from 16,000 last year. Its sales force also expanded to around 10,000 agents this year.

Paul said these factors have boosted utilization of Home Credit’s financial products while maintaining non-performing loans (NPLs) below the 10 percent threshold.

“The lower, the better…. But as long as we’re able to manage it within that threshold, I think we are fine. We’re built for that,” she added.