GSIS opens P2B loan facility in quake-hit Surigao, 9 Mindanao areas

The Government Service Insurance System (GSIS) opened a PHP2 billion emergency loan facility for its active members and old-age pensioners in Surigao del Norte, which was recently hit by a 6.7 magnitude earthquake, and in nine other areas in Mindanao, which were affected by other calamities.

The seven of the Mindanao areas, namely, Davao del Norte; Davao Oriental; Compostela Valley; Oroquieta City in Misamis Occidental; Katipunan, Zamboanga del Norte; Ditsa-an Ramain, Lanao del Sur; Pagalungan, Maguindanao experienced heavy rains and floods in January.