Kwentong OFW

Menu
  • HOME
  • STORIES
  • OFW NEWS
  • WORLD NEWS
  • PHILIPPINES NEWS
  • JOBS
  • TIPS

KwentongOFW - The Place Where OFWs United.

Follow us on Facebook

OWWA And DTI Offers Up To 2 Million Loanable Amount To Start Business For OFWs

Alma is happy with her business because this has become her only hope. But her life is not like this way back 2014, she worked as a domestic helper in Saudi Arabia.

According to Alma Quebec, she was sold to another employer which is a police office. Her nightmare started when the employer started to physically abuse her.

Luckily, her fellow Filipinos in Saudi helped her to escape and went home penniless. Through the help of the government, she was able to receive a TESDA scholarship and a starter kit to start off a business related to the course she finished in TESDA.

She now finds it impossible to work again as an OFW because she is gradually earning from the business she established and she is with her family most of the time.

Opening a business is open to all OFWs and not just the ones who got repatriated. This is all thanks to the agreement which was signed by OWWA and DTI. This memorandum of understanding states that enhance entrepreneurial development training will be given to OFWs. They will also get exposed to different programs. After the completion of the whole training, OFWs can now avail for a loan which is worth P100,000 – 2 Million Pesos as capital.

Even OFWs who are still staying abroad can start this kind of program. Their family members only needs to coordinate with the assigned departments.

Watch it below

Share
Tweet
Google+
Prev Article
Next Article

Related Articles

Amidst the Russia-Ukraine conflict, innocent people are getting involved and …

WATCH – Current Situation in Ukraine, Filipinos Affected

It’s a sad thing that stories of OFWs working around …

Two OFWs Seek Help After Being Maltreated by Abusive Employers

At 12 p.m. Eastern Time on January 1, 2015, thegovernment …

[VIDEO] Canada Launches Express Entry Immigration Selection System

Horray for Overseas Filipino Workers (OFW) planning to return to …

Fully Vaccinated Inbound Travelers Don’t Need To Stay in Quarantine Facilities If They Meet These Requirements

An overseas Filipino worker (OFW) in Saudi Arabia has sought …

Abused OFW seeks help away from abusive employer in Saudi Arabia through SOS note

  A Filipino engineer was arrested in Singapore after allegedly …

OFW in Singapore Caught Recording Upskirt Videos At MRT Stations

Tags:DTI OFW OFW NEWS OWWA

Share Your Comments

Comments

2 Comments

  1. rodelyn l.buenafe

    What are the requirements?I am willing to loan im a domestic helper came from Saudi..

    September 12, 2016
  2. Noel J.Pasigna

    Dear SIr, Mam
    what is the requirement need after taken laonable amount specialy ofw. sure ba maka pag loan kami ng 2million. i have agricultural farming but i need financial tomy project

    October 7, 2016

Leave a Reply

Cancel reply

Follow @Kwentong_OFW
DMCA.com Protection Status

Kwentong OFW

IMPORTANT LINKS

  • SUBMIT YOUR STORY
  • ABOUT US
  • PRIVACY POLICY
  • DISCLAIMER
  • CONTACT US

CATEGORIES

  • balitang OFW (1,509)
  • Exchange Rate (57)
  • kwentong OFW (1,419)
  • OFW JOBS (96)
  • OFW TIPS (268)
  • PINAS NEWS (308)
  • tulang OFW (21)
  • WORLD NEWS (340)

Most Popular -Day

  • OFWs Nagrereklamo: Balikbayan Boxes, Matagal na Naantala ng Courier Service

Most Popular – Week

  • OFWs Nagrereklamo: Balikbayan Boxes, Matagal na Naantala ng Courier Service

Most Popular – Month

  • OFWs Nagrereklamo: Balikbayan Boxes, Matagal na Naantala ng Courier Service
Copyright © 2025 Kwentong OFW
All Rights Reserved KwentongOFW