VILLARICA PAWNSHOP started as a single proprietorship established by Mrs. Paz R. Villarica, a jeweler from Meycauayan, Bulacan in May 1954. It opened its first branch at 616 P. Paterno Street, Quiapo, Manila where it still stands today. Eventually, her son, Atty. Henry R. Villarica and his wife, Linabelle Ruth R. Villarica took over the operations and the pawnshop was incorporated as Villarica Pawnshop, Inc. which was duly registered with the Securities and Exchange Commission on January 5, 1981.
For the past several years, Villarica Pawnshop, Inc. has opened a lot of branches in various parts of the Philippines and has maintained its competitiveness and expanded its market share in the industry with other leading pawnshops and has established allied sister companies, namely, H Villarica Pawnshop, Inc., HL Villarica Pawnshop, Inc., and HRV Villarica Pawnshop, Inc.
Aside from its branches in Metro Manila, it also gained business presence in other parts of the country. It opened it’s 100th branch in Cainta and its first branch outside of Luzon in Cebu City in 1999. The growth of this national institution was through the vision and hard work of Atty. Henry and Linabelle Villarica that inspired the aggressive expansion of the pawnshop from the single branch in Quiapo, Manila to the 600+ strong branches and counting, today.
Some of the more significant milestones in the decades-long history of Villarica are: in 2008, Villarica began remittance service as a partner of Western Union; in 2013, it launched Villarica Cash Padala, a domestic money transfer service in the country; and in the same year, began to offer foreign exchange services.
VILLARICA has adopted a credit policy which was designed to maximize and provide utmost service to its patrons and has adopted an internal control policy designed to safeguard the valuables of clients while under custodianship. In addition, a good number of security measures beyond those required by the Bangko Sentral Ng Pilipinas have also been established, all in the name of better service.