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

Department of Labor and Employment’s cash assistance program has been …

“Wala Po Kayong Ambag Sa Kaban ng Bayan,” Says A Representative of Philippine Embassy To An OFW Asking For Help

A video of an episode of “Kilos Pronto” posted by …

LOOK : Domestic Helper in Riyadh Saudi, Arabia Went Home to Philippines Just Wearing Her Undies

Like in United Arab Emirates (UAE), the Saudi government has …

Saudi Arabia Implements 5% Tax As Their Non-Oil Revenue Source

Working as an OFW is not as easy as others …

An OFW in Hong Kong Puts Her Life in Danger by Following Employer’s Task to Clean Window Panes from a High-Rise Building

In high hopes to meet Mr. Right, an OFW had …

39-year-old Boyfriend Gets Arrested for Allegedly Extorting Money from OFW Girlfriend

Philippine Consulate in Hong Kong is alarmed after receiving reports …

Pinay Domestic Helpers Lose Thousands of Dollars After Being Victimized by Job Scams in Hong Kong

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 (1,528)
  • Exchange Rate (57)
  • kwentong OFW (1,434)
  • OFW JOBS (98)
  • OFW TIPS (277)
  • PINAS NEWS (323)
  • tulang OFW (23)
  • WORLD NEWS (361)

Most Popular -Day

  • OFWs Nagrereklamo: Balikbayan Boxes, Matagal na Naantala ng Courier Service
  • Pagpupugay sa Buwan ng mga Overseas Filipinos: Puso, Sakripisyo, at Pag-asa ng Sambayanang Pilipino
  • Isang OFW, Hindi Pinapapasok sa OFW Lounge sa NAIA Terminal 1: Ano ang Nangyari?
  • Kararating na OFW mula Jeddah, Inaresto sa NAIA dahil sa Kasong VAWC

Most Popular – Week

  • OFWs Nagrereklamo: Balikbayan Boxes, Matagal na Naantala ng Courier Service
  • Pagpupugay sa Buwan ng mga Overseas Filipinos: Puso, Sakripisyo, at Pag-asa ng Sambayanang Pilipino
  • Isang OFW, Hindi Pinapapasok sa OFW Lounge sa NAIA Terminal 1: Ano ang Nangyari?
  • Kararating na OFW mula Jeddah, Inaresto sa NAIA dahil sa Kasong VAWC

Most Popular – Month

  • OFWs Nagrereklamo: Balikbayan Boxes, Matagal na Naantala ng Courier Service
  • Pagpupugay sa Buwan ng mga Overseas Filipinos: Puso, Sakripisyo, at Pag-asa ng Sambayanang Pilipino
  • Isang OFW, Hindi Pinapapasok sa OFW Lounge sa NAIA Terminal 1: Ano ang Nangyari?
  • Kararating na OFW mula Jeddah, Inaresto sa NAIA dahil sa Kasong VAWC
Copyright © 2026 Kwentong OFW
All Rights Reserved KwentongOFW