gsis loan

What is a Government loan?

A Government loan is a loan that is provided by the government of the country which you are a citizen. This usually needs membership by the borrower and can be done by filling up a form at the government office or, if you are employed in the Philippines, your company will be the one to register you with the government office. Monthly contributions will be deducted from your salary and will be forwarded to the government agency and serve as savings and to be a basis for loaning in the future (if the payments are regular)