OWWA 2 billion OFW Reintegration Program

OWWA 2 Billion OFW Reintegration Program (OFW-RP)

Description: The OFW Reintegration Program is a special loan program of the Overseas Workers Welfare Administration (OWWA) in partnership with Development Bank of the Philippines (DBP) and the Land Bank of the Philippines (LandBank). It is intended to support enterprise development among OFWs and their families.

Who is eligible: Viable project that will generate a net monthly income of at least Php10,000

Loan amount: Php300,000.- to Php2.000,000.-

Interest rate: 7.5% annually

Payments: monthly/quarterly/annually depending on the project cash flow

Where to apply: OWWA Regional Welfare Office (ORW)

Eligibility requirements:

  • be an active member of the OWWA
  • have completed the Entrepreneurial Development Training (EDT) conducted by NRCO and OWWA ORWs in cooperation with the Department of Trade and Industry / Philippine Trade Training Center (PTTC) / Bureau of Micro, Small and Medium Enterprise Development (BSMED).
  • Provide 20% equity
  • Project must generate net income of at least Php10,000 for the OFW and their family

For more information please visit:

http://www.owwa.gov.ph:8080/wcmqs/programs_services/Reintegration%20Program/FAQ+Reintegration+Program.html