Dec. 30, 2016
More than 159 million pesos worth of emergency loans has been allocated by the Government Service Insurance System in the Philippines for its active members and pensioners in areas affected by recent calamities, according to conceptnewscentral, a Philippines news website.
Members can apply through the GSIS Wireless Automated Processing System kiosks in all GSIS branch and extension offices, provincial capitals, city halls, selected municipal offices, large government agencies such as the Department of Education, Robinsons Malls, and selected SM City branches in North EDSA, Manila, Pampanga, Cebu and SM Aura in Taguig.
GSIS said that the loans will be available for residents in municipalities in Pangasinan and in Kalamansig, Sultan Kudarat, who were affected by typhoons Karen and Lawin, and heavy rainfall and flooding.
Qualified members may borrow 20,000 pesos. Those with existing emergency loans may renew loans amounting to 40,000 pesos, with their outstanding balances deducted from the new proceeds.