Pag-IBIG Fund assisted 3.2 million Filipino workers with cash loans through its short-term loan (STL) programs from January to October 2025, marking a 28-percent increase in borrowers compared to the same period last year, officials said Monday.
The growing number of assisted members reflects the agency’s commitment to providing responsive and dependable public service, said Department of Human Settlements and Urban Development (DHSUD) Secretary and Pag-IBIG Fund Board chairperson Jose Ramon Aliling.
Officials noted that more members are turning to the fund for fast and affordable financial assistance, especially with the ease of applying through Virtual Pag-IBIG.
“Pag-IBIG Fund’s strong performance in extending Short-Term Loans reflects its proven dependability in providing Filipino workers with immediate financial assistance when they need it most,” Aliling said.
“Pag-IBIG remains committed to providing financial assistance that is affordable, accessible and firmly grounded in our mandate to serve the Filipino worker with excellence,” he said.
The fund said of the total, 2.74 million members availed of the Multi-Purpose Loan (MPL) to cover essential needs like school expenses, medical bills, livelihood capital and home repairs. Another 535,546 members benefited from the calamity loan, helping families rebuild after disasters.
Pag-IBIG Fund chief executive Marilene Acosta expressed gratitude for the sustained trust of Filipino workers. She noted that earlier this year, the agency increased the loanable amount under its STL programs, allowing members to borrow up to 90 percent of their Pag-IBIG Regular Savings, which include monthly contributions, employer counterpart share and annual dividends earned.
“We recognize that our short-term loans continue to support millions of our members during life’s most urgent moments,” Acosta said.
“That is why we work hard to ensure that our loans are easy to apply for, are processed quickly and are conveniently released through the Pag-IBIG Loyalty Card Plus,” she said.
Acosta said the earnings from STL programs directly benefit members, as a major portion of the interest income is returned to them as annual dividends on their Pag-IBIG Regular Savings and MP2 Savings accounts.
