PIA Press Release
Thursday, January 19, 2012
Feature: NFAEA—excellently serving members for 30 yearsby Maria Socorro S. Mellomida
MALAYBALAY CITY, Bukidnon, January 19 (PIA) -- The National Food Authority Employees Association (NFAEA) Bukidnon Chapter, which now has more than 60 members, excellently served its proud affiliates in the province for over 30 years now.
Holmes R. Valdez, President, NFAEA Bukidnon Chapter said they have been serving the hardworking member-employees through loan grants such as emergency loans of of P15,000 and medical loans of P5,000, with a monthly interest rate of only one percent.
Valdez, who is also the concurrent NFAEA Regional President said the association also grants appliance loans up to P20,000 with constant 1% monthly interest payable in twelve months.
With the goal of serving its members in getting through hard and difficult times, NFAEA gives out bereavement assistance of P1,500 and death benefits at P5,000 per member.
Based on recent financial report, the total monetary assets of NFAEA Bukidnon is more than P2 million. Thus, the association has the capability to cater to the financial needs of its members through loan programs.
Meanwhile, for effective implementation of its programs and activities, NFAEA chapter here, provides honoraria for its board officers.
Among the chapter presidents who made the association flourish and grow, in terms of financial capability, were Engr. Emmanuel Suazo, Zaida Estrada, Virginia de Villa, Mamerto Fajardo, and Virgilio Durotan.
As it promotes and guards safely the economic welfare of its members, the association, likewise, represents the NFA employees in collective negotiation with respect to salaries, wages, hours of work, loan programs, including employment terms and conditions allowed under existing laws, which is in line with the government’s thrust in promoting economic self-sufficiency.
Organized in 1981, NFAEA Bukidnon chapter operates under the association’s promulgated constitution duly registered by the Department of Labor and Employment-Bureau of Labor Relations and Civil Service Commission. (NFA/PIA10, Bukidnon)