JuanHand issues P45B in loans through 20M disbursements
JuanHand, an online lending platform operated by WeFund Lending Corp., has issued over P45 billion in loans through more than 20 million disbursements to mark its sixth year in the Philippines.
The company attributes its success to a high repeat user rate of 90% and its commitment to fair debt collection practices that comply with regulations.
JuanHand's simplified borrowing process, which requires only one valid ID for loans up to P50,000 with a nine-month repayment plan, has attracted many borrowers seeking quick access to funds.
The platform partners with government agencies like the Cybercrime Investigation and Coordinating Center and the Anti-Money Laundering Council to build trust among customers.
Recently, JuanHand collaborated with FEd Center to launch WAGI, an app-based financial literacy platform aimed at educating Filipinos about managing their finances.
As it looks towards the future, JuanHand aims to continue supporting underserved Filipinos by providing them with convenient and responsible borrowing options.
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