M Lhuillier

M Lhuillier Financial Services is indeed the largest microfinance organization and community development bank in the Philippines, with over 3,700 locations. As a privately funded institution, it is committed to improving the lives of Filipinos by offering a range of financial services.

M Lhuillier Financial Services
TypePrivate
IndustryFinancial Services
Founded1982
Headquarters
Manila & Cebu City
,
Philippines
Key people
Michael Lhuillier (CEO)[1][2]
Websitemlhuillier.com

One of the key focuses of M Lhuillier is providing small loans to the mass segment of the population. M Lhuillier also offers various other financial services to cater to the diverse needs of its customers. These services may include money remittance, bills payment, and pawnshop services. By offering these services conveniently through its extensive network of locations, M Lhuillier plays a crucial role in facilitating financial transactions and supporting the financial inclusion of underserved communities.

M Lhuillier Financial Services contributes to the economic development and empowerment of Filipinos by providing accessible financial services, particularly through its microfinance initiatives.

Michel J. Lhuillier Financial Services (Pawnshops), Inc.,[3] also known as M Lhuillier or MLhuillier, is a non-banking financial services company based in the Philippines.[4][5][6] The company was founded in 1992 by Michel J. Lhuillier.

The company’s services include logistics,[7] pawn-broking, money remittance,[8] insurance, bills payment, corporate payout, collections,[9] and electronic reloading.[10][11]

Over 3,700 branches and locations worldwide, including the United States. Creating easy and convenient ways for Filipinos to send money back home and around the Philippines. With partners such a MoneyGram and Western Union.

History

M Lhuillier Financial Services was founded in 1992 by Michel J. Lhuillier.[12] The company is headquartered in Cebu City, Philippines with the M Lhuillier Group of companies as the parent company.[13]


How It All Began: The Lhuillier Legacy

“The steadfast growth, commitment to quality and trustworthy service enables M Lhuillier to continuously uphold the brand promise of being the “Tulay ng PaMLyang Pilipino.”

This legacy was ignited by the establishment of the very first chain of pawnshops back in 1935 locally referred to as “agencias” all throughout the country.

In addition to this, Henry Lhuillier, an Honorary French Consul in the 1970s, together with his wife, Angelita Escano Jones had made a name for themselves in jewelry manufacturing, money lending and candy manufacturing and distribution.

His son, Michel Jones Lhuillier, together with his wife, Amparito Llamas Lhuillier, then founded the M Lhuillier Group of Companies and opened the first M Lhuillier pawn and jewelry shop in the 1980s in what is considered the country’s oldest thoroughfare, Colon Street in Cebu City.

With this, Michel Lhuillier envisioned expanding further the company within the next 30 years by establishing over 1,000 M Lhuillier branches all over the Philippines.

Since then, M Lhuillier has earned its reputation as the largest non-bank financial services network in the Philippines, with over 3,000 branches nationwide.

Today, the next generation of kin, Michael Lhuillier, son of Michel Jones Lhuillier, is now actively managing the company as president and CEO.

Now, M Lhuillier branches are found widespread in all types of areas across the Philippines from bustling commercial areas to relatively low-key communities, and far-flung barangays.

M Lhuillier has now established an extensive presence abroad through partnerships with a string of reputable partners in almost a hundred countries worldwide.

References
  1. "GSIS expands loan payment channels through M. Lhuillier". Manila Bulletin. September 7, 2022. Retrieved December 10, 2022.
  2. Standard, Manila (September 8, 2022). "GSIS-Lhuillier tieup". Manila Standard. Retrieved December 10, 2022.
  3. Dagooc, Ehda (May 31, 2019). "Top 100 Cebuano: Michel Lhuillier". The Philippine Star. The Philippine Star. Retrieved December 14, 2022.
  4. "M Lhuillier offers affordable insurance plans for every Filipino". Manila Bulletin. June 1, 2021. Retrieved January 14, 2023.
  5. Nicolas, Jino (September 11, 2017). "AAI unit teams up with M Lhuillier". BusinessWorld Online. Retrieved December 10, 2022.
  6. "M Lhuillier strengthens core mission of being 'TulayngPaMLyang Pilipino' with #MLKWENTOPADALA Promo". Tempo - The Nation's Fastest Growing Newspaper. October 3, 2017. Retrieved January 14, 2023.
  7. Agcaoili, Lawrence. "M Lhuillier ventures into logistics". Philstar.com. Retrieved December 10, 2022.
  8. Times, The Manila (September 26, 2018). "DHL Express, M Lhuillier team up for improved remittance service". The Manila Times. Retrieved December 10, 2022.
  9. "New deal designates M. Lhuillier as third-party collectors for Veco". SUNSTAR. April 22, 2015. Retrieved December 10, 2022.
  10. "Commuters can now reload Beep cards at M Lhuiller branches". ABS-CBN News. Retrieved December 10, 2022.
  11. "M Lhuillier brings PoP TV closer to Filipinos". Manila Standard. February 13, 2021. Retrieved January 14, 2023.
  12. Olivares, Rick. "A look back at the 1988 PFF National Champions Cebu". Philstar.com. Retrieved January 14, 2023.
  13. "Cebu Safari: A dream come true". INQUIRER.net. February 22, 2018. Retrieved January 14, 2023.
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