Company Information
In June 2019 JuanHand was established in the Philippines under the name WeFund Lending Corporation and registered under the Securities and Exchange Commission (CS201825672) and Certificate of Authority No. 2844.
JuanHand is the first product of the Philippines by WeFund Lending Corporation, it is a subsidiary of one of the leading companies in China: FinVolution Group that is listed on the New York Stock Exchange (FINV).
The name JuanHand is inspired by the Filipino spirit of “Bayanihan” which means lending a helping hand to every Filipino that needs it. Their main office is on the 16th floor, The Trade and Financial Tower, corner 7th Ave, Taguig, 1630 Metro Manila.
For customer support, they are open from Monday to Saturday from 9:00 AM to 6:00 PM, and their representatives can be contacted by:
- Phone: 02 8539 0150
- Email: [email protected]
Loans Offered
JuanHand offers Instant Cash Loans for Filipinos by simply downloading the JuanHand app and registering. From there, the loan application can be initiated. Being an online cash loan provider, those who are looking at getting fast cash loan approvals will not be disappointed. The whole process of the loan application, verification, approval up to the release of the funds only takes 24 hours.
Eligibility & Loan Requirements
Not everybody can apply for a loan with JuanHand but those who are planning to apply must meet the following eligibility criteria:
- The principal borrower must be at least 20 but not over 60 years of age
- Must be a Filipino citizen and currently residing in the Philippines
- Must have a stable income
- Should have at least 1 government-issued ID (SSS, PRC, GSIS, UMID, TIN, Passport, Postal, Voter’s ID, Pag-IBIG, Philhealth, or Driver’s License)
Disbursement Option
Once the loan is approved, borrowers can choose on the many options of how they wish to withdraw their loan:
This ensures that borrowers will receive the loaned amount in the most convenient manner that is accessible to them.
Repayment Options
JuanHand has also made sure that clients will also not face any difficulty in repaying their loans to help them avoid any penalties in case of late payments. Sometimes, when the repayment method is not easily accessible, and people sometimes scramble to meet their due dates, they still miss. Here are the available repayment options:
- Bank payment
- E-wallet
- Remittance Center
Why Choose JuanHand
JuanHand is more than just a brand. It exists with a commitment to help Filipinos elevate their financial well-being and give back to the community – an initiative that cements them as a company that genuinely lives to their purpose – assisting another Juan in the Philippines who requires help.
Their corporate responsibility is not just why JuanHand is a brand made for Filipinos. They have several other great qualities as well:
Safe and Secure
Customers’ data in the loan application or JuanHand account creation is protected. When borrowers transact with JuanHand, they can be assured that they are transacting with a legal entity duly registered with the Securities and Exchange Commission, which means they are abiding with the Philippine Laws.
Some people are always worried about whether or not they can trust a particular financial institution. That is understandable due to the rise of fraudulent companies that scam working-class people. It is always wise to check the SEC registration number when in doubt.
Simple Process
The process is very straightforward and includes only a very few steps. With just filling in basic personal information, providing work information, and a few documents, you can already proceed with the loan application. This is good, especially for people that are in urgent need of cash to take care of personal or medical emergencies.
High Loanable Amount
The maximum loanable amount that borrowers can get approved of with JuanHand is Php15,000 which is more than what any other online lending companies offer in the market. That said, loans with JuanHand allow those who need a little bit more funding to get their financial needs from a single source, thereby paying for only one processing fee and lesser interest fees.
Also, with higher than average loanable amounts, people can address their goals – whether they are for short-term or long-term needs. The purpose of why people would want to get a loan from JuanHand does not determine whether or not the loan gets approved or not. It could be personal, medical, paying for tuition fees, etc.
Flexible Payment Terms
Borrowers can choose the payment terms they are comfortable with – from 30 days to 18 months. This will allow borrowers to work on what they can afford to pay back without sacrificing their personal needs. People in need of money should not be setting aside all of their salary towards debt repayment. This is what makes flexible payment terms work for people. It helps those temporarily in need of financial assistance get the boost they need while they work to attain financial stability.
Fast Disbursement
When people need immediate financial help, getting a released loan quickly takes away their worries. When people worry about money, it can sometimes be crippling, but some of their burdens are eased when they don’t have to wait long.
Loans exist to help people and lend them a hand when they are financially struggling. It does not make sense for those who have a dire need to wait for so long, especially after the loan is approved. Cutting this process and allowing for quick disbursements can significantly help many people.
How to Sign Up
Signing up with JuanHand is very simple and involves only a few steps. It works just the same as any other phone application. The JuanHand app is available for download through the Apple Store, Google Play, or Huawei App Gallery.
Click on the button below, Download the JuanHand App and register.
Take note of this very important registration aspect: use your own mobile number. Loan verifications prior to approval will mean that borrowers get a call from the JuanHand team and any other important communications will be through the registered mobile number.
Enter the personal and work information required. All information must be provided truthfully and completely in order to make sure that the verification process is smooth and loans get higher assurance of getting approved.
Borrowers will have to choose the loan amount needed which ranges from Php2,000 to Php15,000.
The loan term will also be chosen – the time needed for the borrower to completely pay off the loan amount, typically around 28 to 30 days.
It is always prudent for borrowers to also do a self-assessment of the loan amount to borrow based on their capacity to pay.
Once all the information has been provided, the JuanHand team does the evaluation of the loan application they have received and normally calls back applicants within 24 to 48 hours to verify all the information supplied to them.
After the verification and further evaluation of the loan application, borrowers can check the status of their application through the app, or they may call the customer service representatives through the JuanHand hotline.
Once approved, the disbursement of the loan happens within 5 minutes through the method the borrower has opted: over the counter or through e-wallet.
Frequently asked questions
Once my loan is approved, how will I get the money?
How do I repay my loan?
How do I see the status of my loan application?
Can I apply for a higher credit limit?
What if my application gets denied?
Conclusion
The rise of FinTech platforms has allowed Filipinos to have better options when it comes to borrowing money. That means, more and more people are not just financially included but have access to financial services that provide better services, lower fees, and better loanable amounts.
JuanHand has also made it possible for Filipinos to achieve their financial goals without having to worry about having enough to repay what they owe while also living a quality life. They value the need of Filipinos to attain a financially secure life without further challenging them financially. They stay true to their vision of providing a helping hand for every Juan in need – and that is an offer that is better than anyone could ever ask for.
Piggyy
״The secret of happiness, is not found in seeking more, but in developing the capacity to enjoy less״ - Socrates
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