How Skyro turned small gadget shops into fast-growing businesses

If customers cannot pay in full today, most small shops lose the sale. For three Filipino entrepreneurs, offering installments through Skyro became the turning point that pushed their businesses from survival mode into serious expansion.

At 21, Kate Luengas opened Kate’s iGadgets in Davao City at the height of the pandemic. She started with door to door deliveries and cash payments only. Demand grew quickly, but cash limits slowed momentum. After adding Skyro’s Product Loans, which allow customers to buy through installments, sales accelerated.

“That’s when nagboom talaga yung Kate’s,” she said. Just a year after opening, she was operating 20 branches in and beyond Davao.

In Bulacan, Ricky Concepcion built Raon Point from a 40 square meter appliance shop into a network of 20 stores. With years of experience as a promodiser and sales agent, he understood how families budget big purchases.

Skyro’s Buy Now, Pay Later Product Loans gave customers another financing option while real time payments improved store cash flow. “Maganda si Skyro kasi real-time dumadating yung payment sa amin,” Ricky said.

In Bacolod, third-year college student Reychelle Abelida began RF Chein Gadgets by reselling smartphones to classmates. As her customer base grew, Skyro’s 0% interest and 0 down payment installment options brought in repeat buyers. Today, RF Chein Gadgets operates inside 888 Bacolod Chinatown Mall.

Skyro is a SEC-registered lending app that offers Buy Now, Pay Later options with fast approval and full transparency. It also reports credit activity to help customers build financial history.

For these entrepreneurs, flexible credit was not just a feature. It became the lever that helped turn small hustle into scalable growth.