LANDBANK delivers cash cards, financial literacy to rail project beneficiaries

MABALACAT, Pampanga – Residents affected by the 148-kilometer Clark-Calamba Railway (also known as the North-South Commuter Railway or NSCR) Extension Project have started receiving cash cards and financial literacy trainings from state-run Land Bank of the Philippines (LANDBANK).

The LANDBANK Dau Branch led by Acting Head Noreen Polintan (left photo) distributed LANDBANK Cash Cards to an initial 40 beneficiaries last October 16, while all 21 beneficiaries in the locality (right photo), who were endorsed and identified by the Department of Transportation (DOTr), attended a financial literacy forum last October 12.

Under the NSCR Project’s Resettlement Action Plan Entitlements Distribution Mechanism—in partnership with the DOTr and the Philippine National Railways (PNR)—LANDBANK serves as the distribution agent that will facilitate the delivery of non-housing cash entitlements to 21,000 identified Project-Affected Persons (PAPs) residing along the railway’s right-of-way from Malolos in Bulacan to Clark in Pampanga, then from Tutuban in Manila to Calamba in Laguna. LANDBANK is also tasked to ensure that the beneficiaries will make use of the cash entitlements wisely by holding orientations and distributing printed materials on financial literacy.

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