Tulong Pinoy and Remittances

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TULONG PINOY MOVEMENT The Cyber NGO
"Serving as a link to CONVERT pooled and
individual OFW remittances to hometown
development and hopes for the deserving poor in
the Philippines"
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TULONG PINOY MOVEMENT The Cyber NGO
www.tpmovers.org
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TULONG PINOY MOVEMENT The Cyber NGO
MISSION AND VISION We are committed to
supporting needy Filipinos by making use of
information and communication technology in
building partnership and empowerment-sharing with
individuals and organizations, and by informing
and mobilizing Filipinos all over the world in
order for them to take an active role in poverty
alleviation.  Our vision is to see that every
Filipino is poverty-free, educated, enterprising
and productive living in dignity, peace and in
Bayanihan spirit. 100 Filipino-Supported CYBER
NGO since 1998 Filipinos alone can help
themselves! HELP YOUR HOMETOWN OFW-EMPOWERMENT
STRATEGY
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TULONG PINOY MOVEMENT The Cyber NGO

• ONGOING PROJECTS
• Migrants Literacy Programs (Tokyo)
• KABAYAN ORIENTATION
• Business, Technology, Culture
• Livelihood program ISANG ALAGA-ISANG
  KINABUKASAN
• 5 Sites Occidental Mindoro, La Union,
  Aklan, Bohol, Zambales
• Rural Computer Literacy Drive RURALCOMP project
• No. of computers donated 300units
• No. of institutional beneficiaries 40

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TULONG PINOY MOVEMENT The Cyber NGO
ONGOING PROJECTS 4. Women Empowerment Bangon
Pinay Role transformation of Former Women in
the Dark 5. Indigenous Adult Literacy Tulong
Aeta Literacy Capacity-building of Indigenous
People in Zambales 6. Scholarship program
ISKOLAR-PINOY PROGRAM No. of Graduates 40
No. of Ongoing Scholars 64
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In all those mentioned projects
networks, TULONG PINOY MOVEMENT
Serves as a LINK to CONVERT pooled and individual
OFW remittances to hometown development and hopes
for the deserving poor in the Philippines
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TULONG PINOY MOVEMENT SHARING ABOUT OFW REMITTERS
IN JAPAN

• Sectors of Overseas Filipinos in Japan
• Professionals and Businessmen
• Domestic Workers Designated Activities visa
• Construction Workers Mostly Illegal workers
• Japanese Spouses
• Drivers and their families
• Students and Trainees
• Entertainers

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TULONG PINOY MOVEMENT ABOUT REMITTANCE

• SPECIFIC BENEFITS AS SHARED BY OFWs IN JAPAN
• Less risk and stable means
• No language barrier with local bank
  representatives - you feel at home
• Self-advancement / Self-development
• Form of basic financial literacy

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TULONG PINOY MOVEMENT ABOUT REMITTANCE

• SPECIFIC BENEFITS AS SHARED BY OFWs IN JAPAN
• Speedy money transfer - one-hour to wait
• Easy to convenient access - post office, ATM
  money transfer, kakitome, over the counter
  transaction
• Bank account savings - peso, dollar or yen
  account - multimoney transactions
• Social Security System savings
• Secured way to transfer downpayments and
  installment payments for purchases/renovation of
  house and lot, educational plan, pension and
  insurance plans, mutual funds

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TULONG PINOY MOVEMENT ABOUT REMITTANCE

• SPECIFIC BENEFITS AS SHARED BY OFWs IN JAPAN
• Competitive foreign exchange rates / interest
  rates
• Loans for house and lot, cars, other appliances
  at home
• Access to other markets to join - time deposit,
  treasury bonds
• Direct payment of bills and utility costs in the
  Philippines
• Sending Special Gifts to your loved ones -
  Souvenir / Pasalubong
• To avail of government projects such as
  Retirement Program and Housing Loan called
  Pag-IBIG Filipino Overseas Workers (Filow) Program

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TULONG PINOY MOVEMENT REMITTANCE EXPERIENCES

• Channeling monetary assistance to projects
• Remitting Bank or Institution as a Promotional
  Partner
• Remitted contribution is an attraction for many
  because of transparent means to check transfer
• Internet-based Fundraising, for example for a
  cancer patient, becomes more effective with a
  direct remitting bank

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PARTNERS EXPERIENCES OFW International
Management Corporation (OFW-IMC)

• Pooled OFW fund realization is dependent on a
  common and stable remittance tool.
• VIP treatment because the OFW company has one of
  the highest pooled fund in the local branch
• Easy bank to bank fund transfer for business site
  construction
• Remitting Bank as a Promotional Partner - Total
  support of bank management to OFW-IMC activities
  and projects such as OFW Gathering last December
  by providing prizes and giveaways
• Limitation - Difficult to trace fund remitter's
  name because of the limited banking system

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TULONG PINOY MOVEMENT Familiarization with
Different Remittance Options

• Teaching/Helping Migrants Know Other Options /
  Learn all the Available Options
• Training through published materials and ads
• Sharing through flier distribution to
  migrant-students
• By word of mouth encouragement of senior migrants
• Promote and Raise Funds through a referral system
  of a bank to disseminate their remittance
  services - getting a portion of remittance fee
  for every referral

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TULONG PINOY MOVEMENT Difficulties Experienced by
OFWs and Beneficiaries

• Beneficiaries with no bank access in rural areas
• No identification cards
• No self-confidence to talk to a bank
  representative - Banks as "elite" places
• Beneficiaries find it as an unfamiliar system
• - Unpreparedness to meet this constraint

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TULONG PINOY MOVEMENT Difficulties Experienced by
OFWs and Beneficiaries

• Some informal channels are considered even for
  large credits with easy to pay installments
  though
• with an average of 20 interest.
• Most informal channels are more friendly.
• They appear as next door - trustworthy fellows
  with cheaper remittance charges.

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TULONG PINOY MOVEMENT Difficulties Experienced by
OFWs and Beneficiaries

• Banks have so many requirements under a rigid
  process for approval of loans.
• Formal channels have a limited time to process
  transactions - usually office hours only

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TULONG PINOY MOVEMENT NEW OFW PROJECTS AND
INTERNET PAYMENT TOOLS

• Customized and easy to access online remittance/
  payment means for an organized product purchase
  or service
• OFW Mall - www.ofwmall.com
• BUY and SELL OFW goods online
• OFW TV - http//nebulogix.myvnc.com
• PAY, LEARN and WATCH OFW shows and programs
  online

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MABUHAY, OFW! Prepared by ANTONINA A.
BINSOL Ka_tonyang_at_scientist.com