loan subsidy benefit

I was supposed to blog about the BBB that Abie gave me on our Twitter exchange gifts. But I will wait for her to post pictures first taken by her hubby Howell. I wore it last Sunday to the MBAP party and guess what? I’m wearing it now here at the office.

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What prompted me to blog was that one officemate asked me how long I have been with the company. I said I’d be two years next month. She then reminded me of the multi-purpose loan subsidy, wherein your basic salary multiplied by 13 will be shouldered by the company. That’s the maximum amount subsidized. And the maximum covered per month is 9% of the interest, meaning if it is 12%, the employee only shoulders 3% of the monthly payment. I remember being excited about this during my orientation. Now, I’ve become more excited than ever!!!