We proud to celebrate a milestone achieved by our key partner Ecofinance, which marks its first year of operations in the Philippines under the Honey Loan brand. Exactly a year ago the very first loan was disbursed, beginning a period of progress and steady growth.
The Philippines is the latest chapter in Ecofinance’s growing global journey that we’ve been proud to support. In just twelve months, Ecofinance has established a strong foundation in a dynamic market, receiving more than 650 thousand new loan applications, building trust with local customers, and delivering funding solutions that meet their needs quickly and reliably.
“With our expertise, technology, and in-house solutions, we have successfully made our mark in the Southeast Asian region. The Philippines has shown strong demand for accessible and reliable financial services,” says Rucsandra Larisa Stanciu, the Chief Executive Officer of Ecofinance. “In our first year, we have experienced serious growth, reached a total portfolio of EUR 1.2 million, and launched a dedicated mobile app to make access to funding even more seamless and convenient. And that is just the beginning as we continue to improve our products to better meet the needs of our clients.”
This milestone in the Philippines adds to Ecofinance’s broader track record of success. Across Romania, Moldova, and now the Philippines, it has issued over EUR 179 million in loans, providing access to funding for more than half a million clients. Its current net portfolio stands at EUR 35 million.
Investments in the Philippines on the Nectaro platform were launched in February this year. In just a few months EUR 1.5 million has been funded by 751 investors. During this period, over EUR 31,000 have been paid out in interest. It confirms the investor confidence in the Philippine market which with steady interest payouts continues to be a valuable addition to the platform's portfolio.
Explore investment opportunities in the Philippines on Nectaro platform and be part of this success story!