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Hondrade on LWUA's new loan program for WDs

LWUA Administrator Orlando C. Hondrade (right photo) explains to Department of Finance Undersecretary Jeremias Paul (left photo) LWUA's new loan assistance program for water districts intended to boost the latter's water service operational efficiency and credit rating in preparation for their availing of further credit assistance from other government and private lending institutions in accordnace with the ongoing rationalization of the provincial water supply sector. This was part of the presentation by LWUA and the USAID-Economic Cooperation for Asia (Eco-Asia) of the proposed new loan program for the water districts held last week at the Century Park Hotel in Manila. Seated with Administrator Orlando Hondrade are LWUA Board Chairman Proceso Domingo and LWUA Trustee Ester A. Laconica-Feria.
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March 26 , 2007