Agusan del Sur govt offers P100,000 placement fee loan to job seekers abroad
By CHRIS V. PANGANIBAN, Contributing Editor
Town Councilor Santiago Cane Jr. of Agusan del Sur deliberates the “Fly Now, Pay Later Plan” during the session at the SP Session Hall. Contributed photo
SAN Francisco, Agusan del Sur--The provincial government here has offered to provide financial assistance through soft loan for the placement fees of residents who wanted to seek employment abroad.
Sangguniang Panlalawigan (SP) member Santiago Cane, Jr. ,principal author of “Fly Now, Pay Later Plan” program, said the prospective bonafide residents of Agusan del Sur can avail as much as P100,000 to a minimum P20,000 placement fee loans payable within 14 months after they will be hired by their foreign employers.
Cane said he was inspired to sponsor the “Fly Now, Pay Later Plan” ordinance along with SP Members Gilbert Elorde and Agusani Ananoria because he can personally relate the financial difficulties of aspiring Overseas Filipino Workers while looking for a job abroad in Manila since he himself experienced the ordeal in 1982 when he applied and later hired as a security guard of an airline company in Saudi Arabia.
He said: “The ordinance is intended to help Agusan del Sur residents who are financially constrained to defray the costs of processing fees and other documentary expenses on their job applications.”
The soft loan, Cane said, only asks five percent flat rate interest per year. However, it is only offered to lowly aspiring OFWs whose salary would not go beyond P50,000 a month.
Residents who wish to avail of the program are told to visit the Public Employment Services Office (PESO)at the Provincial Capitol to submit their documents needed for loan application aside from undergoing interview, family counseling and financial management and orientation about the program.
Under the ordinance, the PESO has to check the legitimacy of the recruitment agency with the Philippine Overseas Employment Administration to ensure that the applicants will not fall victims of fraud.
The provincial; government has set aside P1 million fund as initial budget of the overseas employment program.
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