Cebuana Lhuillier at Go Negosyo event

Cebuana Lhuillier Chairman and Founder and current Philippine Ambassador to Spain Philippe Jones Lhuillier and Cebuana Lhuillier President and CEO Jean Henri Lhuillier graced the Go Negosyo Mentor Me On Wheels (MMOW) event at the SM Megamall Events Center, January 29.

This year’s first MMOW leg, in partnership with the Philippine Franchise Association (PFA) and the Association of the Filipino Franchisers Inc. (AFFI), aims to transport mentorship on franchising to a wider scale of aspiring entrepreneurs and franchisees.  During the event, Ambassador Lhuillier delivered his opening remarks, highlighting the importance of MSMEs as the backbone of the economy and the idea of bringing Filipino products to Spain. Jean Henri Lhuillier, meanwhile, participated in the one-on-one mentoring with aspiring and small business owners.

 

 

DRRM stories from the region

DepEd-Benguet pushes for Landslide-Readiness Drill

The Department of Education in Benguet is pushing for the conduct of landslide-readiness drill in light of the recent landslides in the region, which claimed scores of lives. The proposed capability enhancement training drill in schools aims to prepare and teach students on what to do before and during landslide and flash floods. Nerisa Barbosa, DepEd-Benguet Division Disaster Risk Reduction Management (DRRM) officersaid, resiliency topics will be integrated into different school subjects such as MAPEH, Science, and AralingPanlipunan. Barbosa emphasized the importance of the program knowing that the Cordillera region is landslide prone and at high risk of disasters.

 

First center for climate resilience opens in Tacloban

Tacloban City, which suffered from the devastation brought by super typhoon Yolanda in 2013, has opened the country’s first peace and resilience center in Brgy. Salvacion. Department of Interior and Local Government (DILG) Officer-in-Charge Eduardo Año, who led the inauguration of the facility, said the center will serve as a learning hub for coherence, collaboration, and interdependence among various stakeholders to bring about peaceful, progressive, and resilient communities in Eastern Visayas. Seeking to hone the local government’s capabilities in disaster management and response, the center shall offer various training programs and will serve as a venue for discussion of climate resilience and disaster preparedness initiatives. Año expressed his desire to build peace and resilience center across the country.

 

5 Years after Yolanda, rehabilitation still ongoing

Years after the devastating event, the rehabilitation of the Yolanda-stricken areasare still ongoing.  The govenrment continues to build housing units for Yolanda survivors, completing as of end of October 2018 only 100,709 houses out of the target 205,128 units.  The units with occupants represent only 23% or about 46,412 houses. Malacañang cited slow processing and issuance of permitsand licenses and limited availability of titled landsas among the reasons for the rehabilitation delay.  The Palace however assured that they will work harder to speed-up the recovery efforts for Yolanda survivors.

Meanwhile, the contract for the P495-million water project for post-Yolanda resettlement sites in the northern part of Tacloban is set to be awarded by the Leyte Metropolitan Water District or (LMWD) by the end of the year. The project includes two areas. The first one is the PHP404.8-million project that covers extension of water distribution pipes, development of two new water sources, setting up and repair old pumping stations and a new reservoir, and rehabilitation of the existing reservoir. The second phase involves the rehabilitation of Tacloban City’s water pipes, amounting to PHP90-million. LMWD information officer Ma. Teresa Pascua is hopeful that the project would be fast-tracked as concerned agencies help to carry out the long-term water supply project.

International Fellowship Program on Disaster Resilience ends on a high note

The first-ever international fellowship program on disaster resilience by theBrown International Advance Research Institute (BIARI) ended on a high note, through the efforts of the institute and its partners in the Philippines – the Philippine Disaster Resilience Foundation (PDRF) and Holy Angel University.

With the theme “Community Resilience for Natural Disasters,” the week-long program brought together local and foreign practitioners of disaster risk reduction and management (DRRM) from various sectors. The program allowed participants to learn from a pool of expert lecturers on how communities can better prepare for and respond to natural disasters. It highlights the importance of grassroots perspective in bringing community participation and collaboration in disaster management.

“PDRF is proud to be part of this historic conference hosted by world-renowned educational institutions. The link between academe, local governments, international groups, and the private sector brings together the theory and practice of disaster risk reduction in exciting ways that benefit us all,” said PDRF President Rene “Butch” Meily.

Ching Pangilinan, one of the fellows, wrote about his experience in attending the program – describing it as insightful and inspiring. “The whole week was packed with enriching panels, and workshops that covered the entire gamut of disaster risk reduction management (DRRM) and resilience, from cultural contexts of disaster resilience frameworks for psychosocial interventions, from humanitarian interventions to community-based experiences in resilience.”

Pangilinan recognizes the responsibilities that goes with being a BIARI Philippines fellow. “I am both overwhelmed by the privilege of a week-long learning, brain-tickling, eye-opening experience, and the responsibilities that come with the privilege, especially beyond Biari, as an active agent of resilience in the community, whether through research or ventures and advocating a culture of resilience in our country.”

Through the program, BIARI developed a cadre of local individuals in the Philippines and other Southeast Asian nations that can carry out and implement their new learnings – leading their community towards disaster resilience.

The fellowship program was organized with the support of the Humanitarian Innovation Initiative, Ayala Corporation, Globe Telecom, British Embassy Manila, Jose Rizal University, Curiosity, University of Santo Tomas, and University of Nueva Caceres.

Cebuana continues disaster resilience campaign, designs microinsurance for MSMEs

Continuing its over 3-year long advocacy to promote disaster resilience, Cebuana Lhuillier collaborated with multiple stakeholders and designed a microinsurance product that will help MSMEs prepare for and recover from disasters.

“Micro, small, and medium enterprises (MSMEs) are some of those that experience the most adverse impact from natural or man-made disasters.  They are as exposed as a lot of other Filipinos to typhoons, landslides, and flooding, not to mention other perils and threats such as robbery and fire,” said Jonathan Batangan, Cebuana Lhuillier First Vice President and Group Head.

“We are delighted to announce that we now offer MicroBiz Protek, a microinsurance program which insures MSMEs’ property against lightning, earthquake, typhoon, flood and other perils. Through MicroBiz Protek, we hope to help smaller Filipino businessmen ensure business continuity amid the risks brought about by the country’s vulnerability to disasters and calamities,” Batangan added.

 

About MicroBiz Protek

Aside from property protection in times of disasters, MicroBiz Protek also provides MSMEs coverage against burglary and robbery, accidental death, permanent disablement, and accidental medical reimbursement, Comprehensive General Liability (CGL) and access to AXA’s Emergency Red Button.

Plan options for MicroBiz Protek vary depending on a business owner’s location.  Fees for the micro-insurance policy covering up to 12 months can go as low as PHP2,000.

“We want to ensure MSMEs recover fast from calamities. Thus, we take effort to ensure that claims under MicroBiz Protek program are processed for only 3 to 7 days,” Batangan said.

Cebuana Lhuillier has been promoting the need to strengthen disaster resilience of vulnerable communities and sectors, including MSMEs.  In one of its Disaster Resilience Fora, Cebuana Lhuillier has alloted a segment specific to discuss MSMEs’ preparedness against disasters. It has also been an active supporter of the Department of Trade and Industry’s (DTI’s) disaster resilience training for MSMEs.

November 25 declared ASEAN Youth in Climate Action and Disaster Resilience Day

ASEAN leaders declared November 25 of every year as ASEAN Youth inClimate Action and Disaster Resilience Day at the recent ASEAN Summit in Singapore.

The Declaration was adopted and signed by the heads of the 10 ASEAN member states namely, Brunei, Cambodia, Lao PDR, Indonesia, Malaysia, Myanmar, Philippines, Thailand, Singapore, Viet Nam who gathered at the 33rd ASEAN Summit last 13 November 2018.

The Philippines was at the forefront in efforts leading to the adoption of the ASEAN Declaration. As early as 2015, in support of the #NowPh (Not on Our Watch) campaign – the anti-climate change advocacyof the National Youth Commission – then Philippine President Benigno Aquino issued Proclamation No. 1160 declaring November 25 as National Day for Youth in Climate Action.  In 2017, the NYC, Climate Change Commission, and YesPinoy Foundation raised the bar and called on ASEAN neighbors to declare an ASEAN Day for Youth in Climate Action and Disaster Resilience.

“The rationale behind the push for the declaration was that young people need to be involved in climate and disaster risk reduction (DRR) decision making processes, not just consulted, and that the efforts of young people must be recognized by our leaders. By having an ASEAN wide celebration, young people from Southeast Asia can share experiences and best practices,” explained Dennis V. Mendoza of the National Youth Commission.

The ASEAN Declaration affirms the region’s commitment to encourage each ASEAN country to provide a platform for collaboration among the ASEAN youth towards climate change consciousness and initiatives. It seeks to pursue education and capacity development and strengthen youth participation in climate change adaptation and mitigation, and disaster resilience.

Latest reports show there are 213 million youth (15-34 years) in ASEAN countries. By 2038, the number is expected to peak at a little over 220 million.

“Young people comprise almost a third of the Philippine population.  Our objective is to encourage the youth to adopt a climate smart and disaster resilient lifestyle,” said Mendoza.

The NYC works towards the meaningful participation of young people in climate change and disaster reislience initiatives. It calls for the conduct of youth policy dialogues in relation to the review / development of the National Climate Change Action Plan and National DRR Plan. It provides technical assistance and training to youth organizations involved in climate action and DRR, and lobbies for national government agencies and LGUs to include the youth in local DRRM Councils.

 

 

6 Unavoidable Expenses to Plan For this 2019

As a new year dawns, so are we faced with new expenses. Problems from 2018 will unfortunately continue to affect us this 2019 and we can do little but brace ourselves and prepare.

Sin Tax

Starting January 2019, the prices of tobacco and alcohol will go up. While these are technically expenses that could (and should) be avoided, how many people can honestly go cold turkey?

Something like that is near impossible for long-time smokers due to their bodies’ reliance on the nicotine they’ve gotten used to, and even those who drink recreationally will find it hard to break old habits.

If you plan your budget for 2019 without planning for the eventuality of slipups, you might end up stressing yourself even more and then end up overindulging your vices in an attempt to forget about your money problems.

Give yourself some breathing room to fail. Just make sure that you actually do your best to avoid these money-sink vices.

Tuition

If you’re still in school or you have kids, this one will be one of your priorities just behind basic living necessities. Look at your finances to see if you can pay per quarter, semester, or year. Check if the schools have payment plans you can take advantage of to make your budgeting easier. Then start planning.

As you know, tuition fees tend to rise every year, so take that into account. The best way to make sure you have enough to pay for tuition is by putting away a certain amount of money every payday like how you would with your savings.

Basic Necessities – Rice

During the latter part of 2018, there were several reports of running out of affordable NFA rice. Now this could be because people were preparing for Noche Buena, but it could also be a symptom of a rice shortage. Just in case, you should keep a few pesos handy on the off chance you go to the market and find they’re out of NFA rice.

Increase in Oil Prices

With Russia’s decision to reduce their oil production in the upcoming year, there’s a very high chance that oil prices will rise as the supply goes down. That means the prices of fuel and LPG will also increase. We might see an uptake in the prices of many goods and services in 2019.

Electric Bill Increase

When you saw your electric bill for December 2018, you might have been surprised. Starting December, Meralco increased their rates by P0.09/kwh, which means an average increase of P45.00 for residential customers.

This is because the price of electricity in the Philippines is dependent on the price of the gas needed to run the plants. While there were several rollbacks during the latter half of 2018, the overall price of gas went up. And it’s only expected to rise some more this year because of the excise tax and Russia’s decision to cut back on their oil production.

So expect higher electric bills this 2019.

Water Bill Increase

On January 1, 2018, the new rate for water will take effect.

Consumption Increase
Maynilad – Residential 30 cubic meters P41.02
Maynilad – Semi-business 30 cubic meters P50.31
Manila Water – Residential 30 cubic meters P14.99
Manila Water – Semi-business 30 cubic meters P18.48

* 1 cubic meter = 1000 liters

While residential customers will only experience a minimal change, those who run businesses from their homes will probably see a considerable increase in their first water bill in 2019.

It may be overwhelming to see how many added expenses we need to plan for, many coming from basic goods and services that are necessary in our everyday lives. However, we Filipinos are nothing but persevering in the face of challenges. Let’s tighten our belts this 2019 and have faith that things will improve.

If you’re looking for a place to keep your hard-earned money safe for future unexpected expenses, Cebuana Lhuillier now has Micro Savings. Opening your own savings account is easy. Just bring one valid ID and at least P50 initial deposit. So what are you waiting for? Visit any of Cebuana Lhuillier’s close to 2,500 branches now – we assure a fast, easy and secure transaction.

5 Types of Loans that Count as an Investment

Luke 19:11-28, The Parable of the Ten Gold Coins, tells the story of three servants who are each given ten gold coins and ordered to help it grow. One did extremely well and was rewarded accordingly. The second did his best and was also rewarded. The last was too scared to take a risk and was thusly punished.

What is the lesson of this story?

Those who have must not hide away their gifts. Instead, they must nurture them and put them to good use.

Usually, this story is used to illustrate the need to not waste talent, but “gifts” is a broad term and could very well refer to money as well.

While it might seem safer to avoid taking a risk on a loan and falling into debt, you might actually be holding yourself back from prospering. Don’t be like the third servant and let your fear stop you from improving your quality of life in the future.

And to help you out, here is a list of the best investments to get you started.

Home Loan

The most obvious investment loan is, of course, a home loan. Not only will this give you and your family the best type of security out there, it’s also something that can be passed down to your children and grandchildren and their children and grandchildren.

And that’s not even mentioning how the worth of land appreciates instead of depreciates unlike nearly any other investment out there.

You can either purchase an already finished house or buy a plot of land and build one according to your preference. Given the choice, you should almost always choose to rent-to-buy.

Owning your own home not only provides you security from the outside elements, it also gives you the peace of mind that comes from knowing that you and your family will always have a roof over your heads.

Business Loan

It is undeniable that money is necessary for survival. And unless you were born with a silver spoon in your mouth or have the incredible luck to win the lottery, you’re going to have to work to earn money.

Now, most people will choose to enter companies and work normal 9-to-5 jobs, but some may want something different.

If you’re an aspiring entrepreneur and have a promising idea at hand, a business loan may just be the thing to get you started in your career. To build whatever you want to build, you’re going to need starting capital. That’s likely going to be a larger-than-usual amount of money, but what’s that really in the face of your dream?

After all, business loan is an investment for your future.

Student Loan

As much as possible, you should do your best to get an education. If you find yourself lacking funds, getting a loan to pay for your tuition is one viable option. Similar to a business loan, this is also an investment for your future.

Not only will going to school grant you important skills that you’ll need in the future, a diploma or degree will also be one of the basic requirements most employers look for from their prospective employees. Job-hunting will be thrice as hard without this deceptively simple piece of paper, as many jobs perfect for your skillset will pass you over if you if they find out you don’t have one.

So yes, borrow money if you have to. As long as you work hard, this type of loan is but a little hump on the road on your journey to success. After all, money you can earn, your youth and time are irreplaceable.

Auto Loan

How you view an auto loan depends on your circumstances. If you live alone then it might be better not to bother bar excruciating circumstances. On the other hand, if you live with your family, which is often the case with Filipinos, then maybe getting a car would be beneficial.

True, traffic is nightmarish in the Metro Manila. However, you really can’t expect a senior citizen like your lolo or lola to spend hours in a crowded bus can you? I mean, they probably can… but why should they when they have other options?

Another advantage is when you have several relatives attending schools within proximity to each other. Instead of paying for each to commute or a hire a service (which can get quite expensive depending on the distance), having a car will give you the peace of mind that they are safe going to and coming home from school.
Not to mention, a car can also be a good source of income. You can apply to become a Transport Network Vehicle Service (TNVS) and start earning back the money to pay off your loan and build a viable career out of being a driver.

Besides, there are ways to lessen how much you’re affected by the traffic. For example, you can learn to use back roads to avoid squeezing in with PUVs or schedule your everyday trips outside rush hour.

Personal Loan for Tech

Buying a laptop or a smartphone could drastically increase your productivity at work, as long as you use it properly. Technology is ever evolving and the world is evolving alongside it. Gone are the days when the best way a co-worker, your boss, or a client can contact you is by phone. Nowadays, nearly everyone will contact you through email or a messaging app. Not only is it faster and more convenient, but it also ensures that there are receipts of all your dealings.

When you start a job in any modern company, you can be sure that you’ll need a smartphone or a laptop, or both.

While most people (rightly) recoil at the thought of getting into debt, one should always remember loans are not necessarily bad. Not if you’re planning on using them to better your life in the long run.

Of course, when we’re talking about investments and savings, there is one trusted name that stands above the rest. If you’re a resident of Bacoor, Cavite, and Batangas, then the Cebuana Lhuillier Rural Bank is your one-stop spot for making investments and keeping savings. All transactions are real-time, erasing all the hassles that you may experience in other establishments. So what are you waiting for? Visit the Cebuana Lhuillier Rural Bank now – we assure a fast, easy and secure transaction.

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5 Costs to Cut This 2019

After all the partying during Christmas and the New Year, you might find yourself peeking into your wallet and seeing nothing but air. Understandable since it’s the end of the year after all. And what better way to end it with a bang?


However, the arrival of a brand new year calls for the planning of a brand new budget.

It’s likely that whatever your initial budget will be, it will change several times throughout the year. What won’t change though is the expectation that prices will just go up, up, and up.

So before those things happen, why don’t you decide on what unnecessary costs to cut to make your life easier? Better get to it before you find yourself struggling to get your head above the water!

Alcohol and tobacco

17.3 million Filipinos are smokers and the Philippines is part of the top ten countries in Asia when it comes to total alcohol consumption. Just from these numbers, you can immediately imagine how much money Filipinos spend on alcohol and tobacco yearly.

With the increase in taxes due to House Bill (HB) 8677 on tobacco and HB 8618 on alcohol set to start on January 2019, we can almost be certain that the amount will go up.

Understandably, it’s not easy to stop smoking. Nicotine is an addicting substance and the longer you smoke, the more your body begins to rely on it. It’s nearly impossible to go cold turkey. However, even just slowly cutting down on your consumption can be a big help on your budget, and hopefully your health.

Alcohol, on the other hand, does not actually contain a substance that makes your body reliant on it. Instead, research suggests that it increases the production of endorphins, the body’s natural painkillers. Alcoholics become addicted to the feeling of the pleasure the endorphin brings. Unlike smoking, it is possible to go cold turkey, but there are other pressures (such as social engagement and events) that could potentially sabotage attempts to stop.

Also, many Filipinos turn to drinking when facing problems. As mentioned above, endorphins make it easy for them to forget pressing concerns. However, we all know that those problems won’t disappear even if you forget about them.

While alcohol does bring a sense of pleasure, it’s better not to use it as an escape. Nor is it good to overindulge in it once you get the chance, doing so could lead to dire consequences once you sober up.

As our Ms. Universe 2018 said, “Everything in moderation,” so moderate your substance consumption and you’ll have more money in your pocket for more important matters.

Gas

While the TRAIN Law did help many low-income to middle-income families earn more money, it also increased the prices of several necessities, most notably, gas. While the prices of fuel have been falling these past few months due to dropping demand, the excise tax will soon add P2.00 per liter likely sometime this 2019.
It doesn’t help that the price in the world market is heavily affected by the decisions of a few countries. Just recently, Russia, the largest producer of crude oil in the world, decided to cut their total oil import by 60,000 barrels on January 2019. They plan to continue reducing their production during the following months as well.

It’s difficult to predict how exactly the prices of fuel will change in the future. It’s best that you prepare by finding ways to make your gas usage more efficient like carpooling, driving slower (to decrease drag and fuel consumption) or turning off the engine while waiting.

Smartphones

Filipinos, on an average, spend over nine hours on the internet per day, the 2nd longest time in the word right behind Thailand, and the most convenient device to use is, of course, the smartphone.

With a total population of 104.9 million, 70.9 million Filipinos are mobile phone users. And with the rise of more affordable smartphone brands such as Cherry Mobile, Oppo and Vivo, more and more people are purchasing smartphones.

However, ask yourself this: Do you really need a replacement?

Unfortunately, for many Filipinos, it has become an obsession to always buy the newest release, to get the highest specs, to have the latest model, despite the fact that their old phone is still in perfectly working condition.

It is both a waste of money and resources. You don’t really need the latest phone to send messages or make calls, or can you really spot the difference between using your one-year old phone to take a selfie versus using the camera of the latest model. The picture will get compressed anyway when you upload it on Facebook.
So why don’t you skip that new model release and save yourself a couple thousands of pesos at the same time?

Clothes

Nowadays, when you say ‘trending’ people immediately think of what is currently big on social media. However, a decade or so ago, trends were more often than not connected to a certain cut or way people wore clothes.

Like how the understanding of the term has changed, so do the fashions of our time. The term “trend’ right now is often thought of a short phase of fascination, like how few years ago, the “hipster” look was popular but can be seen less today. In truth, this is what should be called a “fad.”

Trends are styles that last years. That’s why when people say the 70s or 80s, we immediately can imagine what sort of clothes were worn back then. Meanwhile, fads quickly pass and things bought during this time often find themselves discarded in very short order. Following fads will not only waste your money, it will also take up space in your closet.

When buying clothes, you should prioritize the current trend and your personal preference, of course! For example, instead of choosing a singular style of clothes, try to stick to tasteful basics like a button down polo with clean lines or the famous LBD (little black dress). Choose things that can easily dressed down for a casual look, or dressed up for more formal events.

Remember: Fashion passes; style remains.

Online Purchases

In recent years, more Filipinos have begun to dabble in the world of online shopping. Not only is it more convenient, it can possibly even be cheaper than going to a brick and mortar store.

Unfortunately, because of the ease and convenience of online shopping, spending money has never been easier as well.
There are several tactics online vendors use in order to get you to spend money. They could send you discount codes with a minimum purchase requirement, offer free shipping with the same condition or even limited-time items to urge you to buy immediately. And with your credit card just a few buttons away or a Cash On Delivery system in place, it’s very easy for you to fall for their tricks.

First and foremost, before buying any non-essentials, make sure that you really want it. Take a week or two to mull it over and see if you still want it after that period. Another way to save some money is to purchase everything you want to buy at the same time instead of adding more things in you cart to reach the free shipping requirement every time you see an item that interests you. Another pro-tip is to check the prices of wanted items before an expected sale is announced. More often than not, vendors will exaggerate the price drop of a certain item in an effort to make it seem more valuable.

Basically, if you want to take advantage of the convenience of online shopping, you should at least be smart about it and do the necessary research.

Some of the items in the list are easier said than done. However, if you want to remain financially healthy throughout 2019, following them is but the tip of the iceberg. If you have to, add them to your New Year’s resolutions and do your best to stick to your guns.

With the money you’ve saved from reducing your spending, surely you’ve put aside quite the amount as savings. If you’re a resident of Bacoor, Cavite, and Batangas, then the Cebuana Lhuillier Rural Bank is your one-stop spot for opening your own savings account. All transactions are real time, erasing any and all the hassle that you may experience in other establishments. So what are you waiting for? Visit Cebuana Lhuillier Rural Bank now – we assure a fast, easy and secure transaction.

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4 Business Ideas to Start Outside Metro Manila

A lot of people from the province move to the city in hopes of finding a better life. While some succeed, there are a number of individuals that fail and lose their money.
The metro may look like a shining beacon that promises success, but the province has just as much promise if you’re willing to put a little bit of effort.

Farming
The best advantage of provinces compared to the city (aside from better traffic conditions) is space. Land is not only much, much cheaper outside Metro Manila but also much, much more fertile. If your family owns land, or you have the capital to buy a few plots, why don’t you make the most out of them by planting your own mini garden? If you’re a bit more ambitious, you might even want to consider buying a few egg-laying hens or ducks. This ensures that you always have fresh vegetables and/or eggs within reaching distance. Any extra you can sell in your local market.

Party Supplies Rental
Unlike the metro, there isn’t an abundance of restaurants in the province. In fact, when celebrations occur, catering is usually done by the hosts with the help of their family. While food is simple enough to take care of, there is the problem of seating and entertainment for the guests.

Celebrations don’t occur every day after all, so people are not likely willing to buy 10 tables and a corresponding amount of chairs just for one birthday party. However, while a family may not need a set of tables and chairs the day after their youngest’s birthday, there might be another family celebrating their eldest daughter’s wedding on the other side of the barangay.

If you have a decently sized space you can use for storage, why not invest on reusable party supplies?
You only need to purchase the items once, decide on a fair price and then you can start renting them out to people with events to celebrate.

Internet Cafe
If by some chance you are in an area with decent coverage, then maybe you’d be able to open a small internet cafe. Computers remain uncommon in the most rural provinces but have increasingly become a necessity, especially with the government’s efforts to turn digital.

If you have the funds, you can set up a few computers connected to the internet and a printer with refillable ink. Students and job-seekers will flock your shop for the opportunity to use the internet for research.

Transport Service

Unlike the messy (yet predictable) transport system in the metro, transportation in the province tends to be less coordinated. Sure, some areas have jeepney, tricycle and bus stations, but a lot of areas in the province remain outside of their area of service.
If you know of such a place without a decent transport service and where many people gather, you could possibly make a pretty penny from offering a service direly needed by the public. Buy a few sturdy motorcycles, turn them into tricycles, hire a few good drivers, get the proper certification from your local government and start helping people while making a decent living.
Next time you dream of making it big in the city, why don’t you first take a look at your province? There are many ways to succeed, don’t box yourself in one idea, broaden your horizons and find the potential in your home.

Looking for a trustworthy bank where you can take out a loan from to start your dream business? Look no further than Cebuana Lhuillier Rural Bank, the rural bank that gives micro, small and medium enterprises a chance to jumpstart and grow. With its varied financial services and high quality customer service, potential business-owners cannot go wrong with Cebuana Lhuillier. Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy and secure transaction.

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  • ALL CASH
  • AGRILIFE/ AGRIVET
  • ASENSO PINOY STORE, INC. (EASY DAY SHOP)
  • AVICOM ENTERPRISES
  • AYALA ALABANG VILLAGE ASSOCIATION
  • BAUG CARP MULTI PURPOSE COOPERATIVE
  • BAGUIO BENGUET COOP
  • CARD BANK INC
  • CARD MRI RIZAL BANK INC
  • CARD SME BANK
  • CARITAS BANCO NG MASA, INC.
  • CEBU PEOPLE’S MULTIPURPOSE COOPERATIVE
  • CIS BAYAD CENTER, INC
  • COOPERATIVE BANK OF BOHOL, INC
  • COUNTRY BUILDERS BANK
  • CREDENCE FINANCING, INC.
  • CURAMED PHARMACY
  • DALTON PAWNSHOP AND JEWELRY INC.
  • DANIELA PAWNSHOP
  • DIRECT AGENT 5 (DA 5)
  • DEVELOPMENT BANK OF THE PHILS.
  • EXPRESSPAY INC.
  • EVRIJEM FOREIGN EXCHANGE AND MONEY REMITTANCE
  • FILHAI MULTI PURPOSE COOPERATIVE
  • GLOBAL PINOY REMITTANCE AND SERVICES (GPRS)
  • GEMARY PAWNSHOP AND JEWELRY (CORP.)

OVER 600 BILLER PARTNERS NATIONWIDE

  • 123 FINANCE CORPORATION
  • 123 LENDING CORPORATION
  • 2C2P
  • 8AMC (VIA ECPAY)
  • ABEJO WATERS CORP.
  • ABRA
  • ACOM CONSUMER FINANCE CORPORATION
  • ACTIVE REALTY & DEVELOPMENT CORP.
  • ADA MANUFACTURING CORPORATION (VIA ECPAY)
  • AEON CREDIT SERVICE
  • AETERNITAS CHAPELS AND COLUMBARIUM (VIA ECPAY)
  • AFC SME FINANCE INC
  • AFTERWEST MICROLOANS INC
  • AGODA – DRAGONPAY
  • AGRIBANK
  • AGRO-INDUSTRIAL FOUNDATION COLLEGE OF THE PHILS.
  • AGUSAN DEL NORTE ELECTRIC COOPERATIVE, INC.
  • AIR YOU GO TRAVELS PHILIPPINES CO.
  • AKLAN ELECTRIC COOPERATIVE, INC.
  • ALAMINOS CITY WATER DISTRICT (VIA ECPAY)
  • ALLIANZ PNB LIFE INSURANCE INC.
  • ALPHA FUND SAVINGS & CREDIT COOPERATIVE (VIA ECPAY)
  • AMADEO WATER DISTRICT (VIA ECPAY)
  • AMYA POLYTECHNIC COLLEGE, INC. AND FINANCING CORPORATION (LENDPINOY)
  • ANGAT WATER DISTRICT (VIA ECPAY)
  • ANGELES ELECTRIC COMPANY ANGELICUM SCHOOL , INC. ILOILO CITY (VIA ECPAY)
  • ANJELMAN REAL ESTATE LEASING
  • ANTIQUE ELECTRIC COOP, INC ANTRECCO (BILLS PAYMENT)

OVER 600 BILLER PARTNERS NATIONWIDE

  • 123 FINANCE CORPORATION
  • 123 LENDING CORPORATION
  • 2C2P
  • 8AMC (VIA ECPAY)
  • ABEJO WATERS CORP.
  • ABRA
  • ACOM CONSUMER FINANCE CORPORATION
  • ACTIVE REALTY & DEVELOPMENT CORP.
  • ADA MANUFACTURING CORPORATION (VIA ECPAY)
  • CREDIT SERVICE
  • AETERNITAS CHAPELS AND COLUMBARIUM (via ECPAY)
  • AFC SME FINANCE INC
  • AFTERWEST MICROLOANS INC
  • AGODA – DRAGONPAY
  • AGRIBANK
  • AGRO-INDUSTRIAL FOUNDATION COLLEGE OF THE PHILS.
  • AGUSAN DEL NORTE ELECTRIC COOPERATIVE, INC.
  • AIR YOU GO TRAVELS PHILIPPINES CO.
  • AKLAN ELECTRIC COOPERATIVE, INC.
  • ALAMINOS CITY WATER DISTRICT (via ECPAY)
  • CREDENCE FINANCING, INC.
  • CURAMED PHARMACY
  • DALTON PAWNSHOP AND JEWELRY INC.
  • DANIELA PAWNSHOP
  • DIRECT AGENT 5 (DA 5)
  • DEVELOPMENT BANK OF THE PHILS.
  • EXPRESSPAY INC.
  • EVRIJEM FOREIGN EXCHANGE AND MONEY REMITTANCE
  • FILHAI MULTI PURPOSE COOPERATIVE
  • GLOBAL PINOY REMITTANCE AND SERVICES (GPRS)
  • GEMARY PAWNSHOP AND JEWELRY (CORP.)

List of Accepted Government/ Valid IDs

  • Passport
  • Driver’s License
  • Professional Regulation Commission (PRC) ID
  • National Bureau of Investigation (NBI) Clearance
  • Police Clearance
  • Postal ID
  • Voter’s ID
  • Philippine Identification System (PhilSys) ID
  • Government Service Insurance System (GSIS) e-Card
  • Social Security System (SSS) ID
  • Senior Citizen’s ID
  • Overseas Workers Welfare Administration (OWWA) ID
  • OFW ID
  • Seaman’s Book
  • Alien Certification of Registration (ACR)
  • Barangay Certificate or ID (with picture and signature)
  • Birth Certificate (applicable to minors only)
  • Firearm License
  • Immigrant Certificate of Registration
  • Marriage License
  • National Council for the Welfare of Disabled Persons
  • New TIN ID
  • OWWA ID
  • Student ID
  • Alien Certification of Registration (ACR) / Immigrant Certificate of Registration
  • Government Office or Government Owned and Controlled Corporations (GOCC) ID (e.g. AFP ID, HDMF (Pag-ibig Fund) ID, etc.
  • Certification from the National Council for the Welfare of Disabled Persons (NCWDP)
  • Department of Social Welfare and Development (DSWD) Certification
  • Integrated Bar of the Philippines ID (IBP)
  • Company IDs issued by private entities or institutions registered with or supervised or regulated either by the BSP (Bangko Sentral ng Pilipinas), SEC (Securities and Exchange Commission) or IC (Insurance Commission)

IDs Accepted

As required by Bangko Sentral ng Pilipinas (BSP), clients who engage in a financial transaction with covered institutions for the first time shall be required to present the original and submit a clear copy of at least ONE (1) valid photo-bearing identification document issued by an official authority. For our clients’ convenience, Cebuana no longer requires submission of the photocopied ID. IDs are captured using a webcam in all branches. Clients are also required to submit an updated photo and other relevant information whenever the need for it arises.

Forms of identification accepted are the following;

Pawn Accepted IDs
1. Passport
2. Driver’s License
3. Professional Regulation Commission (PRC) ID
4. National Bureau of Investigation (NBI) Clearance
5. Police Clearance
6. Postal ID
7. Voter’s ID
8. Philippine Identification (PhilID) card
9. Social Security System (SSS) Card / Unified Multi-Purpose ID (UMID)
10. Barangay Certification
11. Government Service Insurance System (GSIS) e-Card
12. Senior Citizen Card
13. Overseas Workers Welfare Administration (OWWA) ID
14. OFW ID
15. Seaman’s Book
16. Alien Certification of Registration/Immigrant Certificate of Registration (for foreigners)
17. Government Office and GOCC ID, e.g., Armed Forces of the Philippines (AFP ID)
18. Home Development Mutual Fund (HDMF ID)
19. Certification from the National Council for the Welfare of Disabled Persons (NCWDP)
20. Department of Social Welfare and Development (DSWD) Certification
21. Integrated Bar of the Philippines (IBP) ID
22. Company IDs issued by private entities or institutions registered with or supervised or regulated either by the Bangko Sentral ng Pilipinas, Securities and Exchange Commission or Insurance Commission
23. ID issued by the National Council on Disability Affairs (NCDA)