GSIS Members May Now Apply for Emergency Loan Offer
GSIS – The Government Service Insurance System reopened its Emergency Loan offer amid the COVID-19 pandemic.
The threats of the COVID-19 pandemic are still present in the Philippines now. More than 200 countries and territories have logged cases of this coronavirus disease that was first recorded in China.
The Department of Health (DOH) in PH has recorded over 360,000 cases of coronavirus in the country as of this writing. The pandemic has brought a lot of changes to the nation.
Until now, community quarantine measures are up in the Philippines to curb the spread of COVID-19. Also, President Rodrigo Roa Duterte has extended the declaration of the state of calamity in the country.
Following Pres. Duterte issuing the Proclamation No. 1021 extending the state of calamity in the Philippines, the Government Service Insurance System reopened the GSIS Emergency Loan offer.
Based on the announcement released by the government agency, members may apply for the COVID-19 Emergency Loan offer starting September 28, 2020 until December 27, 2020.
According to its president and general manager, Rolando Ledesma, the government agency has allotted Php 43.01 billion for the said loan program. Around 600,000 members have received their loan proceeds which is nearly Php 18 billion.
The government agency is hoping that the three-month period will give members enough time to apply for the loan offer to help with their needs amid the crisis.
Do you want to know who are eligible to apply for this emergency loan offer and the loanable amounts? You may visit – GSIS Emergency Loan – Who Are Eligible To Apply for COVID-19 Emergency Loan.
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Good day. Many times I went to kiosk to avail loans but unfortunately AAO texted me that my loan was disapproved due to insufficient net proceed.
Please give a chance to avail the said loan coz I financially down.please