Assessment of Conditional Cash Transfer on the Economic Status of Its Beneficiaries for Improved Quality of Life: Bases for an Enhanced Program

Abstract

This study entitled The Impact of Conditional Cash Transfer on the Economic Status of Its Beneficiaries for Improved Quality Of Life: Bases for An Enhanced Program involved 50 CCT grantees in Sitio Bugarin Barangay Halayhayin Pililla, Rizal which are selected randomly with the use of convenience non-probability sampling. The descriptive method of research was used in this study because of its appropriateness to the present research work since the primary purpose of this study is to gather information on the existing condition and to examine the experiences of the beneficiaries through the descriptions that are provided by the people involved. The researchers made use of a questionnaire checklist to be answered by fifty randomly selected CCT's grantees. The instrument is divided into two parts. Part one dealt with the profile of the respondents in terms of sex, age, civil status, household composition, educational attainment, employment status, sources of income, household monthly income and asset. The second part is the household economic condition of the beneficiaries in respect to education, employable skills, employment, income, social security membership and housing condition. The respondents will rate them according to the degree of how they feel or perceived on the subsequent statements based on the Likert scale. The data gathered were tallied, tabulated and interpreted with the use of frequency and percentage distribution, mean and standard deviation. The findings of the study were as follows: With regard to the profile of the respondents in terms of sex, majority of the respondents were female. In terms of age, greater part of the respondents aged 41-50 years old. In terms of civil status, greater numbers of the respondents were married. In terms of household composition, the respondents choose to have a small family with 2 children per family for them to be able to send their kids to school with the help of 4Ps. In terms of educational attainment, greater numbers of respondents are elementary and high school graduates. In terms of sources of income, the respondents were not stable. In terms of household monthly income, greater numbers of grantees fall below the poverty line. In terms of assets, the majority of the respondents rent a house and possess common household appliances and smartphones that are most useful for everyday living. In terms of a number of years being a member of 4Ps, the majority of grantees are member of CCT for 2-5 years. With regard to household economic condition of CCT's beneficiaries with respect to education, the respondents are able to read, write and count. They have the capacity to send their children to school from elementary to high school with the help of Pantawid Pamilyang Pilipino Program. With respect to employable skill, the respondents have the capability to work and to perform a job that requires technical and agricultural skills. With respect to employment, the respondents do not have a permanent job to support the needs of the family. With respect to income, the income is not sufficient for the needs of the family. With respect to social security membership, that the respondents did not possess any social security assistance such as SSS, Pag-Ibig, and GSIS since most of them are not employed in any government or private sector. With respect to housing condition, the respondents have a decent house to live in.