GSIS offers loans for Florita victims
![The GSIS will open an emergency loan program for its quake-hit members and pensioners in Abra](https://newsinfo.inquirer.net/files/2020/03/GSIS-building.jpg)
The GSIS Complex in Pasay (Photo from the GSIS Facebook account)
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
RELATED STORIES
DA: Storm Florita’s damage to agriculture hits P3 million so far
Article continues after this advertisementMore than 1,300 families affected by ‘Florita’ — NDRRMC
Florita exits PH; death toll now 4