Success Stories


Mrs. Genalyn Armada started with a small loan but with big dreams. Like many employed individuals, she and her husband, Mr. Jose Armada, worked hard to provide for their growing family. Besides their employment, they also run a small hardware and textile business to augment their income.

Back then, the Armadas lived a very simple yet abled life. They have more than enough to feed their needs. However, their business suffered some setbacks and due to lack of monitoring and dedication, they have decided to retire early and focus more on their business.

From left to right: April Dublois (MABA), Mrs. Genalyn Amada (Centre) Victor Gaurana Jr. (Corporate Strategist)

Mrs. Genalyn Armada (in Picture) displaying their hardware and textile business

Due to their financial condition, they were not qualified to borrow funds from several lending institutions. An agent from a rural bank approached Mrs. Armada to inquire if she wanted to avail of a loan; her answer was, "No one would want to lend us money because our reputation was tarnished". Somehow, luck brought together Mr. Reno Anegan, MBA of OK Bank, and Mrs. Armada where he offered the bank's PNK Loan.

Of all the financial institutions that she approached, only OK Bank took the risk of granting her loan, and that was enough motivation for her to work even harder. With the new capital they were able to buy new equipment and and stock inventory that catered well to market demands. Gradually, the Armada's hardware and textile business gained enough profit to support their needs and expenses.

After 13 loan cycles, a space expansion, and more asset acquisitions later, their business, named as "ARMADA Electrical Supply and Merchandising", has flourished beyond their expectations. Dedication, patience, hard work and faith are what lead to their business' success. As a parting message to her fellow Entre-Pinoys, she said "When you take a loan from any organization, pay your dues on time, no delays". With the loan you availed you have to work hard, but make sure to balance your life between work and family. It becomes a reflection of who you are and your attitude towards your customers. Dream of bigger things and have faith."