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Manila Bulletin devider Business devider Trade & Industry devider DOLE taps Palawan Group for unbanked beneficiaries

DOLE taps Palawan Group for unbanked beneficiaries

Published May 27, 2024 04:55 am

The Palawan Group of Companies has partnered with the Department of Labor and Employment (DOLE) MIMAROPA Region to ensure that beneficiaries under the various programs of the DOLE will get the funds that they need hassle-free, secure, and on time.

Rosemarie Hupanda, the chief of the Internal Management and Services Division of the DOLE MIMAROPA Region, said the Palawan’s partnership with DOLE MIMAROPA has significantly improved and simplified the department’s disbursement processes for releasing stipends and salaries to the many beneficiaries of its various programs, such as Tulong Panghanapbuhay sa Ating Disadvantaged Workers (TUPAD), the Special Program for Employment of Students (SPES), and the Government Internship Program (GIP).

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From left to right: Rosemarie Hupanda, IMSD Chief; Naoimi Lyn Abellana, Regional Director; Lisa Lou Castro-Sabado, Palawan Group of Companies’ Chief Business Development Officer; Missy Baldemor, Head of B2B Department Palawan Group of Companies

Since 2019, this collaboration has benefited over 37,000 DOLE beneficiaries, including marginalized workers, financially challenged but deserving students, out-of-school youth, and other underserved communities. Because of this development, beneficiaries can now conveniently visit Palawan Pawnshop and Palawan Express Pera Padala branches in MIMAROPA or anywhere in the Philippines to cash out their disbursements via Palawan's e-wallet app, PalawanPay. This eliminates the need for long wait to claim their funds.

Rosemarie Hupanda, the chief of the Internal Management and Services Division of the DOLE MIMAROPA Region, sees the partnership as an efficient way of keeping their beneficiaries’ funds safe and secure. 

"With Palawan Pawnshop and Palawan Express Pera Padala as our trusted partner in processing payments to beneficiaries of TUPAD, SPES, and GIP, we experience seamless and hassle-free transactions, ensuring that funds reach their intended recipients promptly. Huge thanks to Palawan Pawnshop and Palawan Express Pera Padala for being our partner in providing meaningful assistance to our clients," said Hupanda in a statement.

Palawan Pawnshop, Palawan Express Pera Padala, and PalawanPay are supervised by the Bangko Sentral ng Pilipinas. (BERNIE CAHILES-MAGKILAT) 

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