A FundKo loan couldn’t just be used for personal necessities or for business purposes. When you’re an expecting mother, it’s your priority to be sure that everything would be in place before and after giving birth.
Practically, the best medical care comes with a price. A mother surely wants what’s best for her and for her baby, so she should be financially ready even before planning to have a baby. Especially if the child you are carrying would be your first-born or if your pregnancy is at high-risk, you may need more and a better medical attention with corresponding fees. Aside from the hospital bills, you should also be ready for check-ups and consultations, medicine and supplements, and for cesarean operation fees (if applicable).
In the Philippines, an SSS maternity benefit would be provided to those with contributions of at least 3 months within the 12-month period immediately preceding the semester of her childbirth or miscarriage. This maternity benefit is equivalent to 100% of the member’s average daily salary credit multiplied by 60 days for normal delivery or miscarriage, 78 days for cesarean section delivery.
Though you could claim your maternity benefit from SSS, there may be expecting mothers who aren’t members or who haven’t had enough contributions to SSS for various reasons. Also, the amount that you as a member could get may not be enough, so how do you address the need for more funds?
Getting a maternity loan could be of great help at times like this. There are many ways to get one such as through FundKo. It is the Philippines’ leading online peer-to-peer lending platform with verified lenders and borrowers. If you’ll be applying for a FundKo loan, you could borrow between P20,000 – P200,000 which is payable within 12 months and with as low as 2.5% interest per month. It would be a really convenient payment scheme because the expenses would still add up after your delivery, so there is much time for repayment.
Add to that, you’ll never have to worry about squeezing in some time for your loan application because you could do it online through the FundKo website. It’s an easy way to get funds for your needs, for all you will be needing is a smartphone or laptop and an internet connection.
To know more about a FundKo loan or FundKo’s maternity loan, visit https://fundko.com.