Category: Where Can I Loan Money in Cebu
-
Paluwagan: The Traditional Filipino Savings System
The Philippines, with its rich cultural heritage and diverse traditions, is home to various financial practices that have been passed down through generations. One such practice that continues to thrive in many communities is “Paluwagan”, a traditional Filipino savings system. This informal savings method is deeply rooted in the principles of bayanihan (community spirit) and…
-
The Cebuana’s Guide to Maximizing Appeal to Cebu Lending Firms
Cebu is home to many dynamic, driven, and enterprising women, or “Cebuanas”. With their entrepreneurial spirit and innovative ideas, these Cebuanas are shaping the province’s economic landscape. However, the journey from idea to enterprise often requires financial backing. This is where lending firms come in, providing critical funds to start or grow businesses. But how…
-
Loans from Cebu’s Major Banks
Cebu, being a major economic hub in the Philippines, is home to several prominent banks. Some of the largest and most well-known banks in Cebu include Banco de Oro (BDO), Metropolitan Bank and Trust Company (Metrobank), Bank of the Philippine Islands (BPI), Philippine National Bank (PNB), and Land Bank of the Philippines. While the specific…
-
Exploring Peer-to-Peer Lending Options in Cebu
Peer-to-peer (P2P) lending has emerged as a popular alternative financing option, revolutionizing the lending landscape in Cebu, Philippines. P2P lending platforms connect borrowers directly with individual investors, bypassing traditional financial intermediaries. This article delves into the world of P2P lending in Cebu, exploring the benefits it offers to borrowers and investors, the regulatory framework governing…