Microfinance lender OnePuhunan has secured more than ₱1.5 billion in financing from Citi and German development finance institution DEG to expand lending to underserved entrepreneurs in the Philippines. (The Philippine Star)
Citi is providing more than ₱300 million directly and coordinated the financing arrangement, mobilizing more than ₱1.2 billion from DEG, which is part of Germany’s KfW Group. (The Philippine Star)
The capital will support OnePuhunan’s microfinance portfolio, particularly financing for Filipino women running micro-businesses. OnePuhunan said the funding will also support the expansion of its reach and the digitalization of its operations and financial products. (The Philippine Star)
OnePuhunan is the operating name of CreditAccess Philippines Financing Company Inc., an SEC-regulated financing company focused on lower-income individuals and small businesses that are underserved by traditional banks. The company says it has operated in the Philippines since 2014. (OnePuhunan)
As of 2025, OnePuhunan had a gross loan portfolio of more than ₱10 billion and served more than 600,000 borrowers through 315 branches across 16 regions, according to reporting on the transaction. (The Philippine Star)
The transaction is also DEG’s first debt investment in the Philippine financial inclusion sector and Citi’s first Social Finance partnership with DEG in the country. (InsiderPH)