#Financial assistance Philippines

The local government unit of Makati City recently announced the MAKA-tulong P5K for 500K, a financial assistance program for Makati residents. To ensure the health and safety of the recipients, the financial assistance will be disbursed through their respective Makatizen e-wallet accounts powered by GCash. Since the financial assistance is on an individual basis, households may get as much as PHP 25,000 depending on the number of qualified applicants for the program. Qualified beneficiaries may withdraw the PHP 5,000 financial assistance via GCash Cash In/Cash Out agents. The financial assistance may be used to buy food and other products in the e-commerce services of the Makatizen App. To qualify for the financial assistance program, one must be at least 18 years old and a resident of Makati City or any of the relocation sites managed by the city government of Makati in San Jose del Monte City, Bulacan, and Calauan, Laguna. Previous beneficiaries of the Social Amelioration Program (SAP), including senior citizens, persons with disabilities, informal workers, and solo parents, are still qualified to receive the PHP 5,000-financial assistance. Beneficiaries may also use the financial assistance credited on their GCash account for online and offline transactions, bills payment, and fund transfers. Read more in our articles including "GSIS offers 3-month payment break for members affected by Typhoons Tino and Uwan" and "How can Makatizens apply for the PHP 5K financial assistance".