Manila, May 6 -- Members of the Pag-IBIG Fund can borrow more and qualify sooner for cash loans, following an upgrade of its Multi-Purpose Loan (MPL), Malacanang said on Tuesday.

Presidential Communications Office Undersecretary and Palace Press Officer Claire Castro made the announcement in a press briefing, as she welcomed the improvements in the loan program.

"Isa pa pong good news para sa miyembro ng Pag-IBIG. Dala ng patuloy na pagtugon sa mga pangangailangan ng mga miyembro, mas pinalaki at pinadali na lang pag-qualify sa Pag-IBIG Multi-Purpose Loan (Another piece of good news for Pag-IBIG members. In response to the continued needs of members, the qualification process for the Pag-IBIG Multi-Purpose Loan has been expanded and mad...