OWWA Loans for OFW

OWWA Loans for OFW – The Philippine government continues in encouraging overseas Filipinos to avail the OWWA Loans for OFW. These loan programs serve as a way of repaying the sacrifices of millions of Overseas Filipino Workers (OFWs) who decided to work and live away from their respective loved ones in the country in order for them to give the latter a comfy living. 

OWWA Loans for OFW – Photo credits to the rightful owner
One primary reason why OFWs chose to work abroad is to be able to send their children (and their other beneficiaries and/or dependents) to school since they believe that education is the only key to rise up in the social ladder.
 
However, not only do OFWs help their individual families but also the overall economy. This is through their remittances being sent in the country every month. Some economists even said that OFWs are really the savior of Philippine economy. As such, it is not surprising that OFWs have been referred to as the new heroes of the country. 
 

Government has established OWWA for OFWs

In response, the government has established the Overseas Workers Welfare Administration (OWWA) to look after the welfare of OFWs as they work abroad. At present, the agency offers a variety of benefits programs for the OFWs including the OWWA loans for OFW.
 
In recent years, more and more overseas workers have been applying for different OWWA loans for OFW. Many of them want to borrow capital from OWWA in order for them to establish their own businesses in the country. Having their own business enterprise will give them an opportunity to earn income while staying with their respective families. 
 
This also lessens the probability that they will return abroad. Hence, the agency has decided to loosen the requirements needed in its loan programs. Through this less-demanding scheme, more OFWs would be catered and will be able to get OWWA loans for OFW.
Overseas Filipino – OFW Guide

Requirements needed for OFWs

On the other hand, OFWs should have an adequate knowledge about the requirements needed in availing different OWWA loans for OFW. These requirements are set by the agency in order to determine whether the OFWs are serious in applying in these loan programs. As such, OFWs should prepare these requirements and attach them to their applications forms before they submit to the agency’s main office located in Pasay City. 

  OFWs may also submit their applications to any of the regional welfare offices as well as to OWWA satellite branches. Some affiliated banks also accept applications for OWWA loans for OFW.

This Post Has 3 Comments

  1. Mr.Roseller Francisco

    Magandang hapon po ako po si Mr.Roseller Francisco isapong OFW ngayon po nandito na ako sa pilipinas wala na ponakong hanap buhay sa po matulungan nyo akong mag ka roon ng pang puhunan namasukan po ako bilang driver sa bansang Qatar ng 7 taon maraming salamat po

    1. Magandang araw sa iyo kabayang Roseller,



      Pasensiya na po at ngayon lang kami nakapag reply sa inyo. Kami ay OFW din at sobrang naapektuhan sa pandemya dito sa abroad pero hindi po tayo susuko sa hamon.

Hinggil sa iyong katanungan, ang laging advice ng OWWA ay makipag ugnayan tayo sa Regional office na kung saang office na malapit tayo. Isang kasamahan namin , nag inquire sa head office sa Pasay at redirect sya sa Regional office. Ang pinakamaganda niyo pong gawin ay hanapin niyo po dito ang address kung saang regional office kayo malapit sa inyong lugar at updated naman po ang address nila. Klik niyo po dito https://www.owwabenefits.com/owwa-regional-offices/

      
Habang hinihintay niyo po ang tugon nila, pwede niyo din po itong sagutan. Sample form po ito na ang OWWA – Regional Office ninyo ay magbibigay ng official na form para may ideya kayo.

      Sample form: https://www.owwabenefits.com/balik-pinas-balik-hanapbuhay-program-application-form-online/

      Sa form na ito, hinihingi ng OWWA Regional Welfare Offices (RWOs) ang iyong datos tungkol sa inyo bilang aplikante/OFW .


      

Para sa kaalaman ng lahat na ang sample form na ito ay hindi opisyal at kailangan niyong humingi sa OWWA Regional Office na kung saan kayo mag avail ng programang Balik Pinas – Balik Hanap Buhay Program.

Sana sa maliit na paraan na ito, makakatulong sa pagpapalakad ng iyong application. Laban lang tayo. 



      Maraming salamat at God bless.

      http://bit.ly/aboutus56

  2. Bren

    Paanu po ,akapag avail ng tulong Loan ang OWWA sa akin na isang OFW na nasa abroad sa Riyadh upang makakuha ako ng loan para mainbayad ko sa aking mg utang dito s Saudi Arabia at maiwasan ang mga utang na laki ng tubo di naman puedi di tubuan. hope po na may makuha akong sagot sa inyo, 25 yrs na po ako dito pero di pa rin ako makatapos ng pag babyad ng utang please po

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