PALUWAGAN MECHANICS 2016 - PALUWAGAN MECHANICS GENERAL...

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PALUWAGAN MECHANICSGENERAL GUIDELINES1.To those who want to join the paluwagan, he/she must fill-up the “acceptance form”.2.By signing on the said form, the member is agreeing on the mechanics of the paluwagan and as to loanprivileges. One acceptance form is equivalent to one member enrolled. However, the member mayenroll more than of one (1) head or maximum of five (5) heads, depending on his/her choice. Pleasesee table 2.1.PALUWAGAN 2016Member's NameJan 15Jan30Feb 15Feb 29AmountDateAmountDateAmountDateAmountDateJoy (3 heads)Joy1300.001/15/2016300.001/15/2016300.002/15/2016Joy2300.001/15/2016300.001/15/2016300.002/15/2016Joy3300.001/15/2016300.001/15/2016300.002/15/2016Melanie (5 heads)Melanie 1700.001/30/2016700.001/30/2016700.002/30/2016700.002/30/2016Melanie 2700.001/30/2016700.001/30/2016700.002/30/2016700.002/30/2016Melanie 3700.001/30/2016700.001/30/2016700.002/30/2016700.002/30/2016Melanie 4700.001/30/2016700.001/30/2016700.002/30/2016700.002/30/2016Melanie 5700.001/30/2016700.001/30/2016700.002/30/2016700.002/30/2016Table 2.13. Each head enrolled is required to paya minimum of Php 600.00 per month or Php 300.00 perpayday(15thand 30thday of the month)or more than. Member may choose to pay either every paydayor once in a month depending on his / her preference.4.Each member has to choose from the 2 options on how they want to acknowledge their contribution orpayment.a.) Payment Formthe form will be provided by the treasurer. Whenever the member will havehis/her contribution or payment. The former should bring the form and the treasurer will sign

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Term
Fall
Professor
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Tags
Contribution Margin, Debt, Payment, Credit card

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