Economy Events Local 2025-12-17T04:20:10+00:00

PagIBIG Fund Awards Prizes up to P500,000 in Year-End Draws

PagIBIG Fund held grand draws in Makati, awarding winners significant cash prizes. The promotions aimed to expand membership and support workers' financial needs.


PagIBIG Fund Awards Prizes up to P500,000 in Year-End Draws

PagIBIG Fund held the year-end grand draws of its One-Plus-One Raffle Promo and Multi-Purpose Loan (MPL) Loan-to-Win Raffle Promo on Dec. 16 in Makati City, with winners receiving prizes of up to P500,000. The One-Plus-One Raffle Promo, which began in January, aimed to expand PagIBIG Fund membership, including among overseas Filipino workers and informal sector workers. It encouraged active members to become PagIBIG influencers and invite non-members to register or reactivate their memberships, supporting wider access to the agency's savings and housing programs. The MPL Loan-to-Win Raffle Promo, which started in February, rewarded members who took out a Pag-IBIG Multi-Purpose Loan, a short-term cash loan for medical expenses, education, small business capital, and household needs. Eligible borrowers received one raffle entry for each approved loan, with additional entries for online applications via Virtual Pag-IBIG, first-time MPL borrowers, and loans over P50,000. The One-Plus-One Grand Draw produced three winning pairs for the top prizes: one pair received P500,000 each, one pair received P250,000 each, and one pair received P100,000 each. The draw also produced 30 “plus ones” and 30 PagIBIG influencers who won P10,000 each in consolation prizes. The MPL Loan-to-Win Grand Draw had 24 winners: four received P50,000, four received P40,000, and 16 received P30,000, while 80 other MPL borrowers won P10,000 in consolation prizes. These initiatives are part of the agency's efforts to fulfill President Ferdinand Marcos Jr.'s directive to ensure more Filipino workers, including those in the informal sector, have a fair opportunity to own a home and secure a stable future.