Manila, Aug. 5 -- The Government Service Insurance System (GSIS) has released over PHP942 billion in loans to more than 1.1 million government workers under its Multi-Purpose Loan (MPL) programs since 2020.

Now rebranded as "Ginhawa Loans," the MPL programs aim to provide financial relief for everyday needs such as medical bills, education, emergencies, and livelihood ventures, according to a news release Monday.

GSIS officer-in-charge Juliet Bautista said the loan disbursements highlight the agency's commitment to support its members' well-being.

"Nearly PHP1 trillion in disbursements reflect the real financial needs of government employees and their families," she said.

Launched in 2020 to replace the Consolidated Loan Program, the ...