notable accomplishments of Pagadian Branch, Lajarato said that as of November, 2011, membership level stood at 69,000 reaching a collection of P1.082 billion broken down into the following : Members’ contribution – P194.46M; STL collections getting the bulk at P663.96M and housing loan collections - P223.93M. On the other hand, total fund disbursements amounted to P1.011.98B: housing loans – P328.84M; STL - P608.14M and claims - P74.98M. The excess of over P70 million goes to show that Pagadian branch can sustain its operations by just collecting and at the same time disbursing its funds, without necessarily needing any funds
from head office. Lajarato shared another piece of good news. On January 2, 2012, the penalty condonation program for housing loans will be implemented. Default borrowers are given six (6) months to avail of this program which means that all penalties will be condoned and the amount left will become the restructured account. Your obligation would be to pay the restructured account together with your original account. This is a very good chance offered for those who were not able to pay their housing loans on time. Meanwhile, Pagibig is on its final course for the computerization of records with the end in view of making its services accessible any-
where in the country and facilitating transactions hassle-free to members. Relative to this, he said Pag-ibig Fund was recently ISO certified, awarded the seal of excellence “meaning it complies with international standards of excellence in delivering quality service.” Hopefully next year, the Fund will open a branch in Ozamiz City and Ipil, Zamboanga Sibugay, bringing its services closer to the people. As Atty. Margie James Lumasag, Attorney IV rightly said, “With Pag-ibig Fund, you’re in safe hands.” We say Mabuhay and more power on your 31st Anniversary today! (ALTPIA9/Zambo Sur)
Wednesday, December 14, 2011
ONE MINDANAO 23