The Home Development Mutual Fund or Pag-IBIG Fundis now accepting calamity loan applications. Members can get up to 80 percent of the total accumulated value of their contributions and earnings.
Pag-IBIG however is contemplating to come up with a separate calamity loan package to enable borrowers to get specific amounts, say P10,000 or P15,000. Concerned offices or agencies must name their fund coordinators or authorized representatives to do the transactions with Pag-IBIG Fund.
Asked if Pag-IBIG Fund has enough funds to meet the needs of its members especially those affected by calamities, a Pag-IBIG officer said that the agency is very healthy funds-wise. Its total assets now stand at P241.4 billon. (PIA)
