What Are The Pag ibig Short Term Loans?
Pag-IBIG Fund’s Short-term loan programs are meant to provide assistance to its members, provided they are active and have made at least 24 monthly contributions.
What Are Short-Term Loans Available For The Members?
There are two (2) short-term loan programs that a member may avail of when the need arises.
1. The Multi-Purpose Loan Program (MPL) – was designed to help finance members’ immediate medical, educational or livelihood needs; minor home improvement, purchase of appliance and furniture, and other related needs.
2. The Calamity Loan Program – is extended to members who have been affected by a recent calamity, as proven by a declaration of calamity in their area of residence.
Sources:
http://www.pagibigfund.gov.ph/benprompl.aspx