8/9/2019 Pag Ibig Fund
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Cottone, Charro Didith Y.
Pag-IBIG FUND
The Home Development Mutual Fund (HDMF), more popularly known
as
the Pagtutulungan sa ina!ukasan" Ikaw, Bangko, Industria at
Go!yerno. #ne$e%t, Pag&IBIG harnesses these 'our se%tors o' our
so%iety to provide its
mem!ers with adeuate housing through as e$e%tive savings
s%heme.
*+-/#C 0CT 1o. 23425 an a%t 'urther strengthening the home
development mutual 'und, and 'or other purposes. Home
Development
Mutual Fund /aw o' 62785. 9hereas, there is a need to strengthen
the Home
Development Mutual Fund and make it more e$e%tive !oth as
savings
generation and home&!uilding program 'or
gain'ully&employed mem!ers o'
the hilippine so%iety.
ag#: 'und was esta!lished to provide a national savings
program
and a$orda!le shelter ;nan%ing 'or the Filipino worker. The Fund
o$ers its
mem!ers short&term loans and a%%ess to housing programs. #t
is mandatory
'or all
