BONGBONG MARCOS – The President declared a state of calamity in four (4) regions due to Typhoon Paeng that recently hit the Philippines.
Typhoon Paeng took lives and brought damages in several areas across the Philippines. The heavy rains and strong winds of the severe tropical storm put houses down and many people are now staying in evacuation centers. Based on a report on ABS-CBN News, due to the damages caused by typhoon Paeng, Pres. Bongbong Marcos declared state of calamity in four regions – Region IV-A (Calabarzon), Region V (Bicol), Region VI (Western Visayas), and Bangsamoro Administrative Region in Muslim Mindanao (BARMM).
The state of calamity declaration speeds the efforts for the recovery of the affected communities. Based on the report, it also controls the prices of the basic necessities and prime commodities. Residents in areas that are under a state of calamity may also apply for calamity loans.
Pag-IBIG Calamity Loan: How to Apply & List of Areas Qualified due to Typhoon Paeng
Guide on Pag-IBIG Calamity Loan Application due to Typhoon Paeng
PAG-IBIG CALAMITY LOAN TYPHOON PAENG – Here is a guide on how to apply for this loan offer and the areas that are qualified for it.
Typhoon Paeng brought heavy rains and strong winds to a lot of cities and municipalities in the Philippines. The severe tropical storm left several areas devastated and submerged in floodwater. Many families lost their homes.
In the Philippines, in times of calamities, there are entities that you can turn to for assistance. The people who are working or living in areas declared under a State of Calamity are also eligible to apply for calamity loans provided that they are members of these government agencies and their accounts qualify the offer.
One of the loans that victims of Typhoon Paeng may turn to is the Pag-IBIG Calamity Loan. To qualift for this loan offer, the member-applicant must be:
- having at least 24 monthly savings
- having at least one monthly savings posted within the last six months
- presenting a source of income
You can borrow up to 80% of your total monthly savings under the Pag-IBIG Calamity Loan. For example, if you have a total of P10,000 monthly savings, you can borrow up to P8,000. How to apply for this loan offer? Here is a guide in applying for the said loan offer:
Step 1 – Prepare the requirements. There are documents needed in applying for this Pag-IBIG loan offer. You will need to submit the following:
- One (1) Valid ID (Photocopy)
- Proof of Income
- For employed applicants:
- The employer must accomplish the “Certificate of Monthly Income” portion at the back of the MPL Form /
- Photocopy of payslip authenticated by a representative of the company/employer
- For self-employed applicants:
- Business/Mayor’s Permit
- Commission Vouchers
- For employed applicants:
Step 2 – Head to a branch of Pag-IBIG Fund nearest to you and submit the said documents. The government agency will advise you.
Who are qualified to apply for Pag-IBIG Calamity Loan due to Typhoon Paeng?
The people who are working or living in areas that are under a state of calamity may apply for this loan offer. With regards to the victims of Typhoon Paeng which is the latest tropical storm to have hit PH, based on a report on Manila Bulletin, the National Disaster Risk Reduction Management Council (NDRRMC) said that the entire province of Albay in Bicol Region was placed under a state of calamity.
According to the report, the entire Maguindanao was also placed under a State of Calamity. An area in SOCCKSARGEN is also under the state of calamity. Here is a list of the cities and municipalities under a state of calamity due to #PaengPH:
- Pio Duran
- Santo Domingo
- Pigcawayan, Cotabato
- Cotabato City
- Datu Abdullah Sangki
- Datu Anggal Midtimbang
- Datu Blah T. Sinsuat
- Datu Hoffer Ampatuan
- Datu Odin Sinsuat (Dinaig)
- Datu Paglas
- Datu Piang
- Datu Salibo
- Datu Saudi-Ampatuan
- Datu Unsay
- Gen. S.K. Datun
- Northern Kabuntalan
- Rajah Buayan
- Sharif Aguak
- Shariff Saydona Mustapha
- South Upi
- Sultan Kudarat
- Sultan Mastura
- Sultan Sa Barongis
- Sultan Sumagka (formerly Talitay)
- Region IV-A
- Region V
- Region VI
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