A Case Study on Financial Management Among Indigenous Beneficiaries of The Pantawid Pamilyang Pilipino Program

Norbelyn Necor; Lanie Turpias

doi:10.35974/isc.v11i3.3664

Authors

Norbelyn Necor South Philippines Adventist College
lanie turpias South Philippine Adventist College

https://doi.org/10.35974/isc.v11i3.3664

Keywords:

Financial Management, Pantawid Pamilyang Pilipino Program, Indigenous Beneficiaries

Abstract

This research documents the case of financial management Indigenous People (IP) Beneficiaries of the Pantawid Pamilyang Pilipino Program (4Ps) in Brgy. Pag-asa Mlang North Cotabato. This study utilized a case study design. Utilizing the Case Study Design for Qualitative Research, this study aimed to investigate the abstract financial management practices of 4Ps IP Beneficiaries in Barangay Pag-asa, Malang, North Cotabato. It sought to understand financial management by analyzing financial behaviors, budgeting tactics, and saving habits. The Indigenous Peoples (IP Community is one of the beneficiaries of the 4Ps, a conditional cash transfer program which aims to reduce poverty and improve living conditions in underprivileged areas of the Philippines. Using in-depth interviews and participant observation, findings reveal that while 4Ps provide crucial financial aid, beneficiaries often struggle with financial planning due to low financial literacy and unexpected expenses. Cultural and community dynamics significantly influence their financial decisions. The findings highlight the need for targeted interventions to enhance financial literacy, improve access to financial services, and support sustainable income generation among 4Ps beneficiaries. It likewise contributes to a better understanding of the financial management practices of Indigenous communities in the Philippines, particularly those participating in the 4Ps program.

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