Philippines offers calamity loans up to P20,000 to storm-affected Social Security members.

The Social Security System in the Philippines is offering calamity loans of up to P20,000 to members affected by recent tropical storms. These loans, available until December 19, 2024, require at least 36 monthly contributions, with six within the last 12 months. Loans can be paid over 24 months at a 10% annual interest rate and are distributed via UMID-ATM Card or PESONet bank accounts.

November 25, 2024
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