Thursday, July 10, 2014

Jumapan Hopes to Generate 35 Million Pesos in “Forgiveness Period”

Rigoberto Félix Díaz, Chief Executive Officer for Jumapan, said that hopefully its program of waiving 100 percent of all penalties and fines that have been imposed upon delinquent customers during the period July 5 through August 6 and 50 percent of those penalties and fines for the remainder of August will have a positive impact of the agency’s delinquent accounts.
The CEO said that currently there is a total of 115 million pesos ($8.85 million) in uncollected past due accounts and they hope to collect 30 percent, or almost 35 million pesos ($2.7 million), of that delinquency through the state approved forgiveness program.
Rigoberto Félix added that Jumapan has over 143,000 customers, but about half of them are delinquent in the payments for services provided by Jumapan.
(from El Debate)

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