What is the primary use for funds from the Pag-IBIG Multi-Purpose Loan?

The primary use for funds from the Pag-IBIG Multi-Purpose Loan is to provide members with financial assistance that can be utilized for a variety of essential expenses. One of the most common uses includes covering tuition fees and medical expenses. This reflects the program's intention to support the broader financial needs of its members, allowing them to improve their welfare and that of their families through education and healthcare.

In contrast, the other options are more restrictive in nature. Home improvement is certainly a valid use of funds from a specific type of loan offered by Pag-IBIG, but the Multi-Purpose Loan is designed for a wider array of uses, beyond just home-related expenses. Investment in stocks and travel represent specific financial activities that are typically not covered by this type of loan, as the focus is on addressing pressing personal needs rather than investment ventures or leisure activities. This flexibility is what distinguishes the Multi-Purpose Loan and makes it a valuable resource for members seeking assistance with essential life expenses.