GSIS offers loans for Florita victims
MANILA, Philippines — The Government Service Insurance System (GSIS) on Wednesday said it would activate its emergency loan program for members and pensioners badly hit by Tropical Storm Florita (international name: Ma-on).
GSIS members who have an existing emergency loan balance may borrow up to P40,000 to pay off their previous emergency loan balance and still receive a maximum net amount of P20,000.
Those without an existing emergency loan may apply for P20,000. Pensioners may likewise apply for a P20,000 loan, said GSIS President Wick Veloso.
—BEN O. DE VERA