OVER 3 million unbanked Filipinos have registered transaction accounts with Land Bank of the Philippines (LandBank) after signing up for the National Identification (ID) system. In a statement on Friday, LandBank announced that it had onboarded a total of 3.794 million unbanked National ID registrants for transaction accounts. The cards are part of the lender's ongoing partnership with the Philippine Statistics Authority to co-locate in the.
In Zambia, regular social cash transfers play a direct role in reducing poverty
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STORY HIGHLIGHTS
More than 616,000 households or 3 million people, representing 20% of the Zambian population, are currently registered to receive Social Cash Transfers
In 2020, the World Bank, UK and Swedish Governments provided financing to the Social Cash Transfer program benefiting 370,000 households in 67 districts
A maximum of 994,000 beneficiaries in 116 districts are expected to be reached with Social Cash Transfers by 2022 with support of the World Bank and cooperating partners
LUSAKA, May 27, 2021 Sylvia Banda, 65, uses the monthly cash transfer she receives from the government to take care of her husband who is disabled, and four orphaned children. Africa Zulu, 70, pays his grandchildren’s school fees to ensure they have a better future. Marcelina Ngandu, a widowed mother of five, invests the cash transfer into her small business.
World Bank : In Zambia, Regular Social Cash Transfers Play a Direct Role in Reducing Poverty
05/27/2021 | 03:44pm EDT
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LUSAKA, May 27, 2021-Sylvia Banda, 65, uses the monthly cash transfer she receives from the government to take care of her husband who is disabled, and four orphaned children. Africa Zulu, 70, pays his grandchildren s school fees to ensure they have a better future. Marcelina Ngandu, a widowed mother of five, invests the cash transfer into her small business. I buy baking flour and make doughnuts for selling, said Ngandu, who is also raising her late sister s five children. From my last bi-monthly payment of K300 ($14), I made doughnuts and sold them for K400 that helps me pay for school fees for the orphaned children I look after. I urge all other widows to not only eat the money but grow it like I do.
Liberia’s Gender Minister Admonishes Cash Grant Receivers to Use it Rightly
Liberia’s Gender Minister Admonishes Cash Grant Receivers to Use it Rightly
Minister Tarr presents cash to a beneficiary in Sass Town, Grand Kru County
Sass Town Grand Kru – Thousands of beneficiary households of the Gender Ministry’s Social Cash Transfer Program are currently receiving cash in Grand Kru and Maryland counties. The unconditional cash transfers are intended to support beneficiary households’ livelihood and help raise their standard of living.
Speaking briefly after she symbolically presented cash to beneficiaries in Sass Town, Grand Kru County, the Minister of Gender, Children and Social Protection, Williametta E. Saydee-Tarr said, “I want you to use the money for the betterment of your family. You were selected over other equally deserving people. Let’s make sure we use these funds for education, health, better nutrition and to invest in your family’s future”.
Feb 16, 2021
G.O.B. to Launch Belize COVID-19 Cash Transfer Program
This afternoon, the Ministry of Human Development, Families and Indigenous Peoples’ Affairs announced the return of the COVID-19 Relief Programme, but this time under the name, Belize COVID-19 Cash Transfer Program. The ministry has partnered with the National Bank of Belize Limited, Digi and the Belize Social Investment Fund to provide short-term emergency cash to twenty-one thousand five hundred households. The beneficiaries will receive payments of three hundred dollars every two months for a six-month period. In a release issued this evening, the ministry says that sixty thousand applications are being reviewed and enrollment into the program will be done in eight phases. For those successful applicants, payment dates will be sent through a SMS text blast. The MobilePayz solution developed by Digi will allow beneficiaries to cash out their funds using their mobile phones or through a unique code. Be