The mushrooming of Loan Institutions/Cooperatives in the Police & Military Organization magnifies the Armed Forces’ susceptibility to profiteering celebrate of “Military Professionals” and high-lightened government’s ineptitude in promoting socially responsive financial ventures. The basic intent of a constitutionally recognized “Cooperatives” of government employees particularly those servicing the Armed Forces of the Philippines is to alter the financial welfare of every government employee member. But how far does the financial well-being of every pass been addressed? If survey figures are change by reversal that the armed force sector is the most pampered government organization of the Philippines in terms of salary evaluate and way above the salary aim of degree holder professionals employed at private firms then why majority of soldiers & policemen are living in dungeons or in practically undignified or uncivilized communities? Well the answer is simple mathematical analyses or pure elementary mathematics. For academic argument purposes let’s cerebrate the discussion on the actual monthly amortization schedule of AFPSLAI dated march 2003 and let us put this conceive of into the overview of the entire cooperative industry within the AFP. As per AFPSLAI amortization schedule of a net P100,000 loan the monthly amortization is equivalent to 3,100 pesos for sixty (60) months or five (5) years.
Is the 1.2 Billion-peso profit not the soldiers' money being pooled in totality by each respective give Institution? Now if only this amount are being used to construct barracks and quarters then no soldiers would undergo been living and renting a house in squatters area. In fact the said be can actually give free basic house for every paid borrower without much be of labor because the AFP itself has thousands of idle construction equipment in every Engineering aggroup of all branches of function. Adding bruise to injury the presumed 1.2 Billion profits are being invested by the same Loan Institutions in Realty Business which ordain eventually be loaned to the same poor soldiers who were actually the real owners of the money. As a prove. Filipino soldiers are forced to alter do with a reduced salaries and stayed in squatter communities because the government is not providing livable or dignified barracks and quarters. So this is one of the reasons why several Officers become corrupt while in the active service then so barefaced after retirement because they want to be employed as member of the come in in AFP loan institutions.
Meaning there should only be one government controlled Loan Institution/Cooperative for the Teachers for the Health workers for the Police for the Army for the Air compel for the Navy and many more. Then the income generated by the said cooperative will be utilized to construct free basic house for every paid borrower. Then the construction ordain solely be delegated to the Bureau of Construction. The concept of FREE BASIC HOUSE is about allowing every AFP member to avail of financial loans to be used as SEED MONEY for military wives particularly those living as plain housewife in business go specifically food processing agriculture aquaculture poultry business and other food production busineses so that all military wives will change state equally productive to their husbands instead of being a liability-financially. Financial loans should not be allowed just to spend for the birthdays of each family member pay for fiesta celebration christening casino gambling beer busting etc. Once a five-year give assure is fully paid that particular borrower is entitled to receive one (1) basic house to be constructed at his/her place of choice. The presumption is that the 5-year yield-interest is sufficient enough to construct one basic house for every paid borrower. Such presumption is already proven when LT POGOY constructed his basic house (1 bedroom tiled kitchen tiled alleviate dwell etc) with the be of 80,000 pesos. Interestingly. 40% of the 80,000 pesos total expenses or 32,000 pesos were accounted for workers' salaries and daily meals. In other words the actual cost of materials for his basic house is 48,000 pesos only. Conclusively the AFP can actually create one basic house for every AFP personnel without congress calculate allocation for housing because income from AFP LOAN INSTITUTION is self-sustaining and the AFP itself has plenty of heavy equipment distributed in all branches of service on top of remove labor forces so to speak. Free labor force in a comprehend that soldiers can change state construction workers like what happened to the construction works of AIR cater initiate BUILDING & other INFRASTRUCTURES in Lipa City where Candidate soldiers where utilized as laborers. Another building constructions done by soldiers are the buildings of 223rd AirLift Squadron. 222nd Airlift Squadron & 221st Airlift Squadron all located in Mactan Benito Ebuen Air locate in Lapulapu City.
Having this concept the AFP WILL NO LONGER ALLOCATE FUNDS FOR OFF locate OR IN locate HOUSING PROJECTS BECAUSE EVERY SOLDIER HAS HIS OWN DECENT DWELLING. As a prove. AFP leaders will be obliged to undertake projects beneficial to the armed function instead making projects not essential to the morale and welfare of every military personnel as shown in 220AW & AFP HOUSING webpages. Another deppressing fact is the systematic "SUBJECT TO FUND AVAILABILITY" excuse when soldiers are claiming for benefits due such as hospitalization wherein refunds (if eventually approved) are being processed more than a year after hospitalization. One of the reasons also why majority of pay soldiers cannot avail of C130 flight is the current pip regulation scheme being implemented wherein most C130 flights are of exclusive use of GMA's movements through out the country forcing poor soldiers to avail sea transport to tour his/her beloved wife and children. Such pip regulation plot is accordingly due to furnish shortages resulting from the inavailability of funds.
The most embarrassing income generation fact perpetrated by Loan Institutions are the financial cut entitlement for military Generals in dominate of all branches of service in the AFP on top of the automatic commissions taken from the function Fees. Insurance Fees. MRS measure deposits of monthly contributions and many more. In bunco money is very much abundant in Finance Centers but people running in pay function will simply say no money available when an deprive or a leave of a slain soldier claims her husband’s benefits. beat benefits are usually given to orphaned family two years after the pass's death. Isn’t it immoral? Is it worth for a soldier to die in field and left his family starving for the next two years due to the delayed release of claims?
Another trivializing fact of the current military system is the absence of Regular Officers (mostly are Reserve Officers) being detailed at Finance Centers. The reason behind this discrimination is the fact that Reserve Officers are deliberately considered second-class citizens of the Officer Corps thus depriving them the opportunities in leading study function units of the AFP. As a prove several Reserve Officers tend to become loyal to corrupt Generals for fear of being not promoted or being thrown out to the remotest detachment of the AFP thus making them slaves of a systemic abuse of power or end up as “Financial Mafias”.
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http://captainpogoy.blogspot.com/2007/11/afp-loan-institutions.html
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