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Official Publication of the Philippine Information Agency Bicol Regional Office, in cooperation with the RIAC-REDIRAS - RDC Bicol



Thursday, August 1, 2013

Legazpi to offer interest-free loan to tricycle operators, drivers

LEGAZPI CITY, Aug. 1 (PIA) -- Legitimate tricycle operators and drivers of this city may soon avail themselves of a zero-interest loan assistance program being offered by the city government here, a Sangguniang Panlunsod (SP) member said.

Councilor Rolly Rosal, SP public utilities committee chair, said the loan assistance is contained in the Resolution No. 0122-2013 requesting the city mayor to appropriate the amount of P400,000 as seed money for loan assistance to deserving operators and drivers of tricycles operating in the territorial areas of Legazpi.

The resolution was unanimously approved by the City Council headed by Vice Mayor Vittorio Roces as presiding officer on July 23 and signed by City Mayor Noel E. Rosal on the same date.

Councilor Rosal said his office is now fine-tuning the guidelines and mechanics on how operators and drivers can avail themselves of the loan program.

The city legislator said this program to financially support the members of the transport sector aims to give them an opportunity to improve their daily living condition.

He also urged them to follow all the city ordinances related to the transport sector to give more satisfaction to the riding public, particularly visitors and tourists by collecting only the right amount of fare from them.

Rosal, noted that in 2009, the total amount collected by the City Franchising Office from tricycle operators in this city was only P420,480, but when he was elected as committee on public utilities in 2010, he said, the collection climbed to P1,243,000, or an increase of 295 percent.

And now, he was again elected as committee chair for second time and he promised to put in place the good practices in the transport sector by reminding tricycle operators and drivers the "Tamang Singil (right fare collection)" advocacy. (MAL/EPSolis-LGU Legazpi City/PIA5)

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