Metro Manila, Philippines – Pag-IBIG Fund members who avail of a multi-purpose loan (MPL) now have more chances to win cash prizes as the agency launches two raffle promotions that also recognize employer representatives who help workers access their benefits.
The Loan to Win promo for member-borrowers and Hatid Pana-Loan promo for fund coordinators and employer representatives will give away a total of 540 cash prizes in two raffle draws in December and February.
The promotions aim to encourage more members to take advantage of their Pag-IBIG benefits while rewarding the employer representatives who help bring these services closer to workers.
Housing Secretary and Pag-IBIG Fund Chairman Jose Ramon Aliling said the initiative supports efforts to help families achieve homeownership and improve their lives.
Under the Loan to Win promo, members automatically earn a raffle entry once their MPL is approved. They can earn more chances to win if they are first-time borrowers, renew their loans or apply through Virtual Pag-IBIG with online certification from their employers.
The Hatid Pana-Loan Raffle Promo, meanwhile, gives Fund Coordinators and Employer Representatives the chance to win by helping employees secure approved MPL applications. They also earn additional entries when they assist first-time borrowers and members who apply online through Virtual Pag-IBIG.
Through the Pag-IBIG MPL, qualified members can borrow up to 90 percent of their total regular savings, payable over one, two or three years under affordable terms. Members can use their loans for their children’s education, medical expenses, home improvements, small businesses and other important family needs.
The promos offer cash prizes of up to ₱50,000.
