Difference between revisions of "Catanduanes Province, Philippines"

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==[[Catanduanes News]]==
==[[Catanduanes News]]==
'''SSS urges members to avail loan condonation program'''
'''Summer trade fair yields P1.6M in gross sales'''
*Source: http://pia.gov.ph/news/index.php?menu=2&webregion=R05&article=841334829730
*Source: http://pia.gov.ph/news/index.php?menu=2&webregion=R05&article=841335154317
*By: PIA
*By: Edna A. Bagadiong
*''April 20, 2012''
*''April 23, 2012''


VIRAC, Catanduanes- The Social Security System (SSS) provincial office here encourages its members to avail of the condonation program for loans from the agency.
VIRAC, Catanduanes- The 2012 Summer Barakalan sa Plaza Rizal generated the highest gross sales in the history of the event reaching a total of P1.6 million.


SSS Catanduanes branch manager Divina Avila said the amnesty program gives members the chance to settle their unpaid accounts without paying the full penalty that covers overdue salary, calamity, emergency, educational, study-now-pay-later, stock investment and privatization fund loans.
The annual event which started last 2010 was held at Virac Plaza Rizal from April 2 to 13 in time for the Holy Week vacationers and tourists, proved to be very profitable for the 52 participating companies.


The program, according to Avila, started last April 2, 2012 and is open to all employees, self-employed workers and voluntary members with overdue loans.
Local manufacturers/ producers of food, handicraft, and other merchandise provided guests to the trade fair with a variety of products seldom found all in one place.


She said the terms and requirements for applicants will depend on the type of delinquent borrower.
A local tour operator, Venz Bay Travel and Tours offered a “Visita Iglesia” guided tour package as one of the special features of the event. TESDA for its part took charge of technology demonstrations on hot and cold cooking while its accredited clients provided beauty care and wellness services.


Avila said that one can avail full condonation of penalties if he or she has at least three contributions within the last six months before the month of application and must have proof of deducted loan amortizations such as pay slips, company certification and notarized affidavits.
The trade fair will become an annual event as pronounced by Mayor Cito Alberto during the opening program on April 2 – the Virac LGU being the major partner of the Department of Trade and Industry (DTI) and the Catanduanes Producers Association in this undertaking.


The SSS member can pay the loan principal and interest in full or avail the three-year installment payment scheme with an annual interest rate of 3 percent.
During the closing program on April 13, special awards were presented. Marclo Enterprise (non-food category), Belen’s Pinahamis na Pili, Atbp (food category) won in the Most Innovative Product and in the Best Dressed Booth contest.


Deadline for applications will be on September 30 while beneficiaries of borrowers who passed away without settling their delinquent obligations can apply until March 30, 2013.
Consolation prizes for Best Dressed Booth were also awarded to: Aydz food Products, Nelia’s Food Products, Fiberart Handicraft Enterprise, and to Pandan Women Weavers Association.


SSS office here is also advising the public to avail it now since there is no assurance whether said program will be implemented again in the future.
Cash awards totalled to P12,000 which was fully sponsored by LGU Virac.


==Catanduanes Zip Codes==
==Catanduanes Zip Codes==
43,102

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