Zazu Lending Investor Corporation was formed in 2013 by British and Filipino partners who have in excess of 60 years combined experience in financial, investment and the lending industries. Registered with the Securities & Exchange Commission (SEC) and the Bureau of Internal Revenue (BIR), Zazu Lending Investor Corporation is fully compliant with all relevant government agencies.
After extensive research into one of the fastest growth markets in the Philippines: Domestic Salary Loans and Overseas Filipino Workers (OFW) loans, it became apparent that the market was growing such a rate that demand for funds far outweighed the supply, thus Zazu was conceived.
Our company’s business model is based on funds being supplied by investors, who are paid a fixed rate of interest monthly which allows funds to be utilised by the company to lend to OFW’s and grow the company’s market base.
In 2015 over 3 million Filipino’s left the Philippines for employment overseas joining the 12.5 million OFW’s already working abroad. OFW’s remitting funds back to the Philippines officially represent
13.5% of the GDP for the Philippines, unofficially remittances are estimated to be 30-40% higher.
(Source Asian Bankers Association)
In 2017, it is expected that approximately $28 Billion will be remitted back to the Philippines from
overseas workers, an all time high.