GSIS allots P10B for emergency loans

ABS-CBN News

Posted at Aug 10 2012 02:31 PM | Updated as of Aug 11 2012 02:01 AM

MANILA, Philippines - The Government Service Insurance System is alloting P10 billion in emergency loans for members affected by floods.

Under the program, eligible members may borrow P20,000, payable in 36 monthly installments.

Those who can avail of the loan are members working or residing in areas declared under a state of calamity.

Members must have no loan in default. - ANC