Kwentong OFW

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

KwentongOFW - The Place Where OFWs United.

Follow us on Facebook

Repatriated OFWs May Avail DOLE’s P20,000 Livelihood Assistance

Spread the love
     

The Department of Labor and Employment (DOLE) is offering one-time cash assistance to returning Overseas Filipino Workers (OFW) so they can start their own business in the Philippines.

DOLE Secretary Silvestre Bello III said that they are preparing for the P20,000 livelihood assistance for OFWs who lost their jobs following the COVID-19 pandemic.

“Our immediate program is livelihood assistance and we will focus on returning and stranded OFWs. We will be giving them livelihood projects… OFWs are our main target,” says Bello, noting that this is the government’s recovery plans.

For OFWs to get their needed fund, they need to present their business proposals to DOLE where it will be subjected for approval. Upon approval, they will be given a start-up capital of P20,000 for their livelihood project. For those who need higher capital, they can get a loan from DOLE. This loan is interest-free.

An estimated 25,000 OFWs have already returned to the Philippines following the COVID-19 pandemic that struck countries all over the world. An additional 40,000 OFWs are expected to return to the Philippines until June.

According to the Department of Foreign Affairs, 2,360 OFWs abroad have contracted COVID-19, an additional 30 new cases were reported coming from the Americas, Europe, and the Asia Pacific.

Source PhilStar


Spread the love
     
 
      
Share
Tweet
Google+
Prev Article
Next Article

Related Articles

Spread the love52.7K    52.7KSharesLabor Attaché Jalilo dela Torre has supported suggestions …

HK labor attaché supports inclusion of working hours in foreign domestic helper contracts

Spread the love1.5K    1.5KSharesSome Overseas Filipino Workers take provocative things just …

Filipina Arrested Over Fake Marriage in Japan

Spread the love     The tanim-bala scheme going on in Ninoy Aquino …

LOOK Tanim-bala scheme makes it to international news TIME magazine’s

Spread the love     A Filipina who was merely crossing the street …

OFW Struck By A Minibus in Dubai While Crossing the Pedestrian Lane

Spread the love     The Philippine Overseas Employment Administration (POEA) has warned …

POEA warns OFW hopefuls vs. bogus job offers abroad

Spread the love     In a viral post, a woman can be …

Money, Jewelry Stolen From The Luggage of An OFW Bound To Davao International Airport

Tags:20K Bello DOLE OFW OFW NEWS Repatriated OFW

Share Your Comments

Comments

One Response

  1. Analiza labo

    How to avail?

    May 20, 2020

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 (1,486)
  • Exchange Rate (57)
  • kwentong OFW (1,396)
  • OFW JOBS (94)
  • OFW TIPS (262)
  • PINAS NEWS (300)
  • tulang OFW (20)
  • WORLD NEWS (316)

Most Popular -Day

  • How To Apply With OWWA Balik Pinas! Balik Hanapbuhay! Program
  • How To Apply on OWWA Rebate Program
  • DMW Pushes The Launching of Digital App For OECs To Oct. 27
  • How To Avail OWWA Tulong Pangkabuhayan sa Pag-unlad ng Samahang OFWs (Tulong-PUSO)

Most Popular – Week

  • How To Apply With OWWA Balik Pinas! Balik Hanapbuhay! Program
  • How To Apply on OWWA Rebate Program
  • President Marcos Inaalam Ang Bilang Ng Mga OFW na Gustong Umuwi Sa Pilipinas
  • OFW Finds Meteorite, Returns Home With Approx. PhP170 Million

Most Popular – Month

  • How To Apply With OWWA Balik Pinas! Balik Hanapbuhay! Program
  • How To Apply on OWWA Rebate Program
  • President Marcos Inaalam Ang Bilang Ng Mga OFW na Gustong Umuwi Sa Pilipinas
  • OFW Finds Meteorite, Returns Home With Approx. PhP170 Million
Copyright © 2023 Kwentong OFW
All Rights Reserved KwentongOFW