943 4Ps families to get cash grants via ATM

LAOAG CITY, June 19 (PIA) — Some 943 families in Laoag City will now be receiving their monthly cash grants under the Pantawid Pamilyang Pilipino Program (4Ps) through their new Automated Teller Machine (ATM) cards at the Land Bank of the Philippines.
City Social Welfare and Development Officer Aurora Corpuz said the cash grants for April and May are now available in their ATM cards. The distribution is in time with the 47th Laoag City Charter Day celebration today, June 19, 2012.

“This will be the first time for many beneficiaries to receive their cash grants through the ATM. Before, we handed out cash to them. It will now be very convenient for them to get their cash grant since they will just get it directly from the Land Bank,” Corpuz said.

There are a total of 2,387 beneficiaries under the 4Ps in the city. Beneficiaries receive their cash grants on different schedules and following their compliance of the requirements of the program. Last quarter, 1,400 beneficiaries received their first pay-out for the months of November and December, and 727 got their cash grants for January to February.

The 4Ps is a poverty reduction and social development strategy of the Aquino administration through the Department of Social Welfare and Development that provides conditional cash grants to extremely poor households to improve their health, nutrition, and education, particularly children aged 0-14.

Beneficiaries receive P500 per month for health and nutrition expenses and P300 per month per child (a maximum of three children) for educational expenses.

The families are identified under the database system created by the National Household Targeting System for Poverty Reduction.

“They will receive cash grants under the program for five years after which they will be assessed. This is to show that the government is not simply giving dole-outs but actually investing in human capital,” Corpuz said.

Laoag City Mayor Michael Farinas has earlier advised the beneficiaries to safeguard the cash grants they are receiving and avoid the practice of accepting money offers from loan sharks in exchange for their grants which they have yet to receive.

The 4Ps helps to fulfill the administration’s commitment to meet the Millennium Development Goals of eradicating extreme poverty and hunger, achieving universal primary education, promoting gender equality, reducing child mortality, and improving maternal health. (ANL/CPC/PIA 1-Ilocos Norte)

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