No ID means that they could not open a bank account because it is one of the KYC (Know Your Clients) documents required by the Bangko Sentral ng Pilipinas when opening a bank account. It is one of the main reasons that NWTF issue clients their first ID Cards as proof of identity. Using their Project Dungganon ID, clients can then apply for an ATM debit card from Dungganon Bank, a microfinance rural bank owned by NWTF.
With the Dungganon ATM debit card, instead of issuing the client a check for her loan, NWTF deposits the full amount into her ATM account, which she can then withdraw as needed.
This eliminates the need for her to encash her check in commercial banks that often charge encashment fees, or to rediscount the check at a local merchant who also charges a percentage of the check amount. In both cases, the client ends up carrying out a large amount of money, which she either spends right away or carries home.
Continue reading your story on the app
Continue reading your story in the magazine
TRUE WIRELESS EARBUDS
HUAWEI FREEBUDS 41
Huntsman V2 Tenkeyless
Razer Basilisk V3
THE NEW RAZER BASILISK V3 wired gaming mouse is packed with only the best features for advanced customizability. With 10+1 programmable buttons, an intelligent scroll wheel to swap between modes, and a heavy dose of Razer ChromaTM RGB to light up the competition.
Razer Huntsman V2
THE RAZER HUNTSMAN V2 line has a suite of upgrades and enhancements to create the fastest, most advanced optical gaming keyboards in the world. The new features include Razer’s 2nd generation Optical Switches, Razer 8k HyperPolling Technology, and Doubleshot PBT keycaps, as well as improved acoustics, made in response to player and community feedback.
Samsung Galaxy Z Fold3 5G and Z Flip3 5G
vivo X70 series