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:
Center for Migrant Advocacy 