DAGUPAN CITY – The Home Development Mutual Fund or Pag-IBIG Fund has started accepting calamity loan applications from members living or working in this city which was proclaimed under state of calamity.
On August 17, Dagupan City was placed under a state of calamity due to the onslaught of flood brought about by the monsoon rains or habagat.
Becker Van Ramos, information officer of Pag-IBIG Fund Dagupan branch, said the calamity loan program is part of government efforts to extend assistance to Pangasinenses who were badly affected by the recent weather disturbance.
“An active member can loan as much as 80 percent of his or her total savings with a very low-interest rate of 5.95 percent per annum and payable within two years,” Ramos told the Philippine Information Agency.
Qualified applicants should submit a fully-accomplished calamity loan application form and a photocopy of two valid IDs to the Pag-IBIG Fund office, he said, adding that loan applications can also be filed through their Fund Coordinators.
For more information, interested and qualified members can visit the Pag-IBIG Fund office located at Burgos Street in this city or inquire through the landline number (075) 522-3865 and 522-3266. (PIA-1, Pangasinan)