NPA Closing Report

Business name : JAGA TRANSPORT

Owner : MR. BUFFORD R. ASI
Contact number : 09277775242
Type of contract : SPOT LEASE & LONG TERM LEASE
LONG TERM LEASE
Contract Effectvity : 2015-05-27
Contract Valid Until : 2016-05-26
SPOT LEASE
Contract Effectvity : 2017-01-01
Contract Valid Until : 2017-12-31
Focus Area : LUZON
A/R Balance : 184,516.68

NPA Activity:

Endorsed by CNC last April 27,2018.

Task: Collection and Retrieval

• 05/08/2018 – Filed Barangay complaint inTunasan. Mr. Bufford Asi with his father commits to
pay and return chassis.

• 05/11/2018 - retrieve chassis no 4606

• 05/27/2018 – Visited Mr. Asi home address for settlement of payable but Mr. Asi not around

• 05/28/2018 – Visited again, early morning was able to talk to the father who owns the house.

• 06/06/2018 – Meet Gifford Agripa, (partner of Bufford Asi) They decided to surrender the truck
subject for appraisal

• 07/06/2018 – Finallize our agreement. Meet Gifford Asi at Island Cove where the truck is
temporarily parked. Pull out set July 10,2018

• 07/10/2018 – Acquired the truck. Appraised amount Php 330,000

Account balance paid in full, case closed

Prepared by: Approved by:

Maribeth C. Abergas Jose Paolo Delgado

NPA – Manager COO - Delwater