Creditors asked to defer loan payments

Amos Edwin Cabahug
CEBU. Balamban, Cebu Mayor Amos Edwin Cabahug.Photo from Cabahug's Facebook account
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BALAMBAN Mayor Amos Edwin Cabahug has appealed to microfinance and lending institutions operating in the town to grant a grace period or deferment of loan payments for clients affected by typhoon Tino.

In a statement, posted on his Facebook page on Wednesday, November 12, 2025, 

Cabahug urged financial institutions to show compassion, as many residents are reeling from lost livelihoods, disrupted income sources, and damaged homes. The mayor added that such acts of compassion would greatly help the community recover. 

The mayor appealed to financial institutions to exercise corporate social responsibility by extending flexibility and support to borrowers during this difficult time.

“Even small acts of compassion can greatly help our fellow Balambananons rebuild their lives. Together, let us help our community recover and rise again,” he said. 

Meanwhile, a Facebook post from Cebu People’s Action Center West Cebu Head Jiembo Borgonia said the Provincial Government handed P2 million in financial assistance to Balamban to aid immediate relief operations and support the ongoing recovery efforts of the town and affected families. 

Borgonia said the Municipality of Medellin also handed P50,000 to Cabahug. / CDF 

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