PAG-IBIG RELEASES P19-M CALAMITY LOANS

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A total of P19 million was released by the Home Development Mutual Fund (Pag-ibig) in calamity loans for families whose homes were destroyed by the ongoing conflict in Zamboanga. Vice President Jejomar Binay said as of September 25, Pag-ibig-Zamboanga has completed the processing of 933 loan applications amounting to P19 million. Around 2,500 more are still being processed for approval. “We at the housing sector intend to help our kababayans in Zamboanga rise up from this tragedy, even as we pray that peace finally reign in Mindanao,” he said.

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