By Jocelyn P. Alvarez
ZAMBOANGA CITY –
The Government Service Insurance System
(GSIS) –Zamboanga Office is accepting
applications for Emergency Loan until
May 27.
Active GSIS members working or residing here and old-age
pensioners who wish to avail of this loan and take advantage of this offer have
only until next week to apply.
It can be recalled, the Sangguniang Panlungsod of Zamboanga
in April passed a resolution declaring the city under a state of calamity
citing the adverse effects of severe dry spell brought about by the El Niño phenomenon.
GSIS-Zamboanga has set aside P512 million intended for emergency loan of its close to
18,000 active members and old-age pensioners.
Loanable amount depends on the status of the member, meaning,
active members who have no existing emergency loans may borrow P20,000 while
those who have emergency loan balance may apply for P40,000. The loanable
amount for pensioners is P20,000.
The loan is payable in 36 monthly installments or three years
at 6 percent interest rate per annum.
Those who wish to avail the emergency loan may apply through
the GSIS Wireless Automated Processing System (GWAPS) kiosks while old-age
pensioners must file their application over the counter.
