Pag-ibig offers multi-purpose loan to members

By Felipe V. Celino 

ROXAS CITY, Capiz – Pag-IBIG Fund-Capiz branch is offering Multi-Purpose Loans program to its members.

According to Pag-IBIG-Capiz officer-in-charge Rolando E. Gilo, the loan is open to all Pag-IBIG members with immediate financial need.

It includes medical expenses, minor home improvement, capital for small business, educational-related expenses, purchase of furniture, appliances and electronic gadgets, payment for utility and credit bills, vacation and travel, car repair and other important needs.

Members could avail of the MPL up to 80 percent of their regular savings.

Gilo clarified that a member should at least have 24 months or 2 years of monthly membership savings and active membership with at least 1 month membership savings within the last 6 months prior to the date of application.

Interested members could apply online via the Pag-IBIG website and over the counter after passing the application form.

Pag-IBIG Fund here has 27,057 active members with a total of P93.853 million in membership savings.

For more information about the Multi-purpose Loan Program, please visit www.pagibigfund.gov.ph.