Yesterday, the Executive distributed 9,641 charge cards to Tekoporâ Mbarete beneficiaries. When banking penetration reaches 90 or 100%, around 350 million collateral will be saved in logistics costs.

The Tekoporâ Mbarete program implements improvements 25% in monetary allocation, with increases retroactive to July. Payments will be made every month and not every two months as before.

A 25% increase equals G. 107,500 more in allocation, which is currently G. 430,000 and will be used for 537,500 collateral.

Minister of Social Development Tadeo Rojas explained that the intention is for the 183,800 beneficiaries to bill by card, not cash.

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“We will implement 100% banking if possible or at least 90% to reduce operational costs through mobile ATMs, Dinacopa, money orders, storefronts, etc. which costs 350 million per month in travel costs, fuel and other things,” said Rojas , in an interview with Gen – Nación Media.

On the other hand, there are several complaints that the beneficiaries include people who do not meet the requirements. In this case, a complete list is published with the names and surnames of all awardees, so that citizens can report irregularities.

Program does not use aid figures, because it consists of conditional transfers, that is, based on a commitment that parents educate their children and ensure medical attention.

Additionally, shipping has limits and the goal is thatafter completing 36 payments, users can receive start-up capital for the venture allowing them to generate their own income.

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