More than 1.7 million Filipinos are now a step closer to financial freedom after opening Cebuana Lhuillier Micro Savings accounts.

Considered as Iponaryos, the micro savings account owners are encouraged to follow the Iponaryo philosophy of saving at least PhP50,000 a year using their KaCebuana Ipon Diary.

To date, Cebuana Lhuillier, through its 8,000 employees, has cascaded the financial wellness philosophy to more than 10,000 individuals from far-flung barangays, schools, NGOs, LGUs, and cooperatives.

By year-end, it aims to conduct at least 500 more cascades towards its thrust to convert at least three million Iponaryos nationwide.