Providing financing access to every Filipino since 1964
“The common folk should be given the chance to enjoy the good things and enhance their quality of life.”
– Domingo M. Guevara
– Domingo M. Guevara
Who We Are
Our goal is to help underserved Filipinos optimize their full potential and achieve major growth through alternative sources of funding.
OUR MISSION
A seasoned non-bank financial institution providing financial services primarily to the underserved credit market
We strive to grow our business and maximize shareholder value by providing innovative products, managing risks, and achieving operational efficiencies.
THE RFC VISION
To be a significant player in the financial services industry in the ASEAN region.
We are recognized for transparency and fairness in the way we deal with our stakeholders.
We provide affordable credit to the underserved guided by best-in-class management systems and leading practices. We lead a motivated,
competent and professional workforce.
How We Started
The founder, Domingo M. Guevara, knew what the common folk go through in life for he himself went through the same hardships, aspired, and diligently built his business to make a better life for himself and his family.
RFC started from the founder’s simple and compelling mission to help hard-working Filipinos enjoy the fruits of their efforts. From a small radio repair shop in 1930, it ventured into appliance assembly, pioneered appliance financing, and now provides a multitude of financing products, giving Filipinos access to funds and the chance to make their lives better.
1935
Established Radiowealth
during the time when the Philippines also became a Commonwealth
1950s to 60s
Revived after the war
established DMG Industries engaged in the manufacturing and assembly of Radiowealth appliances and Volkswagen cars
1964
RFC pioneers Appliance Financing
1970s
RFC is the last remaining business of DMG Industries
Martial law saw the closure of its Appliance and Car Assembly facilities
1980s
RFC was one of the first companies to be rehabilitated
after the Martial Law era
1996
RFC becomes a full-fledged financing company
after gaining its license
2000s
RFC widens its network
to reach more Filipinos in the countryside and provide access to financing
2005
RFC expands its services
into Corporate Lending
2015
RFC offers more products and services
with various SME Business Loans and Multi-Purpose Cash Loans that suit specific financing needs of the market
2017
RFC ventures into On-Line Lending
expanding its reach to more clients
2018 TO 2020
RFC consolidates its branches into Area Offices
to provide clients better financial servicing
2020 TO PRESENT
RFC Strengthens its online platforms
to safe and easy financing accessibility during pandemic.
Our Milestones
What started as a radio and car manufacturer has become an established
and reputable loans solutions provider in the country. Our growth and expansion are
testaments to the Filipino entrepreneurial virtues of hard work, patience, and industry.