Friday, September 30, 2016

QUENDANCOR Offers Amnesty Program for their Borrowers

Bahandi sa Kaumahan on Hope Radio studio with Quedancor as guests
To help borrowers settle their long overdue accounts, the Quedan and Rural Credit Guarantee Corporation (QUEDANCOR) is now offering a program dubbed as Quedancor Amnesty Program (QAP).

This was announced by Engr. Christopher Gilos, OIC Regional Assistant Vice President for Caraga and Property Appraiser for Mindanao Area in a radio interview as guest on Bahandi sa Kaumahan radio program over Hope Radio Butuan yesterday, August 8, 2016.

Gilos said that under QAP, the remaining principal amount will be settled; the penalty will be waived 100%; interest will be slashed down up to 75% if paid in full or up to 50% if amortized within three years.

Dave Iligan of Quedancor Regional Communications and Records Management Office said that borrowers and co-makers can avail of the amnesty program.

They are advised to visit the nearest Quendancor provincial offices for complete details on QAP.
Quendancor, is an attached agency of the Department of Agriculture credit resources into the countryside so as to trigger the vigorous growth and development of rural productivity, employment and enterprises.

Bahandi sa Kaumahan is a flagship radio program of the Department of Agriculture Caraga to update its listeners on projects and programs as well as advocacies for agricultural development. (Aurelius P. Arais/DA Caraga)


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