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THE NAGA CITY COUNCIL

Sangguniang Panlungsod Ng Naga

PREVIOUS ORDINANCES (1948-2022)

12th Sangguniang Panlungsod (7/1/2016 – 7/30/2019)

ORDINANCE NO. 2019-032

ORDINANCE REMOVING THE INTEREST FROM THE SUSTAINABLE AGRICULTURE FOR RURAL INCOME GROWTH IN NAGA (SARIG NAGA) LOANS AND CONDONING THE INTEREST AND PENALTIES IMPOSED ON EXISTING LOANS UNDER THE PROGRAM

Category: Agriculture; Business Trade and Industry
Principal Authors/Sponsors: Hon. Julian C. Lavadia Jr. / Hon. Mila S.D. Raquid-Arroyo / Hon. Vidal P. Castillo City Youth Hon. Angelica May Clarito
Enacted: April 23, 2019

Download ordinance here

Summary/Additional Info:
Summary: This ordinance, known as the “SARIG Zero-Interest Loan Ordinance,” eliminates the interest charged on loans under the Sustainable Agriculture for Rural Income Growth in Naga (SARIG Naga) program. It also condones all existing interest and penalties on current SARIG Naga loans to alleviate the financial burden on Nagueño farmers.

Related Resource:
Past officials of the City of Naga 1945-2022

Other Ordinances