Personal Loan

A personal loan in the Philippines could be used for many purposes once it is approved. As many banks, institutions, entities, and even online platforms offer personal loan, you could have your needs sufficed through a personal loan. Though having a personal loan is basically like having a debt because you are to repay for it every month, it could lead you to financial growth and stability because it is also a big responsibility. To help you decide on pursuing a personal loan, here are 3 ways on how it could help secure your future:


  1. Sideline or side hustle

Having a personal loan in the Philippines could be a good opportunity for you to pursue your passion while making money out of it. If you love baking cookies or cakes, why not create an online shop where people could pre-order customized pastries from you? If you are into photography, why not put up your portfolio online so clients could book you as a photographer for events? Now, if you’re thinking about the capital to start your side hustle, you could make use of a personal loan. Your repayment for the loan could come from your day job income. In that way, you could start saving up for the future while doing what you love as you earn from both your regular work and sideline/s.


  1. Home improvement

Your house is practically an investment in itself which gains value as time goes by. A personal loan could help you pay for the expenses without having to spend your extra or emergency fund, which could be used for more urgent needs. Whether you’re adding another floor or room, getting new roof or furniture, or remodeling some parts of the house for safety, a personal loan could be very useful for the purpose. You could also use a personal loan for moving in or out as this could also be a costly move, especially when you’re moving to cities or even countries.


Compare and contrast lenders who could provide the best rates and which do not require collaterals for a certain amount of loan, such as FundKo, a peer-to-peer lending platform in the Philippines.


  1. Medical expenses

The quote, “Health is wealth.” never gets old. Medical expenses should be a priority, so when you badly need cash for your hospital bills, check-ups, procedures, operations, or for medicines, a personal loan is surely a suitable option. Usually, medical expenses, especially hospital bills, are expensive, so it is always better to be ready to prevent further problems with your health.


With these things in mind, you could be ready for the future as you set goals which are obtainable, knowing your financial capacity. A personal loan could be the answer to your problems, but you should always be responsible especially when repaying it.


If you are looking for a convenient and easy way to get a personal loan in the Philippines, try FundKo, the Philippines’ peer-to-peer lending platform with verified borrowers and lenders. As a borrower, you could apply online for a faster process on your desired loan.

Through FundKo, you could be ready for the future without having to worry about your finances.


To know more about FundKo, visit