Posted by: tigergrassroots | June 27, 2011

Updated Guidelines in Availing the 2-Billion OFW Reintegration Program

The OFW Reintegration Program launched last June 7, 2011 during the celebration of the 1st National Congress of OFWs and Families aims to provide financial assistance to OFWs and families who plan to put up a business. This allows returning OFWs to avail themselves of loans from the Land Bank of the Philippines and the Development Bank of the Philippines.

Overseas Filipino Workers (OFWs) wishing to avail of the loan should keep in mind that the venture is not as simple as filling up the application form and expressing one’s intent to go into business. It will require lots of preparatory trainings in business management and skills for prospective borrowers to be conducted by OWWA-National Reintegration Center for OFWs. Projected business ideas or existing businesses being applied for the loan should be viable with the potential to grow big. In fact, the ventures being applied for should be legitimate and with averagely set monthly income. Thorough credit investigation and other kinds of background check form part of the application process which will be undertaken by the finance institution.

Here are the details to guide prospective borrowers of the livelihood program.

  • Eligible borrowers are OVERSEAS FILIPINO WORKERS
  • Eligible projects are business ideas or setups with confirmed market and service contracts and with purchase order that will generate net monthly income of at least P10,000
  • Loan should be used as working capital and for fixed asset acquisition
  • Project Cost Sharing: Borrowers equity is minimum of 20% of the total cost project; 80% to be loaned
  • Loan amount is minimum of P300,000 to P2,000,000
  • Interest rate is 7.5 % per annum fixed for the duration of the loan
  • Loan repayment maximum of one year for short term loans. For term loans, repayment is based on cash flow but not to exceed seven years and inclusive of maximum of two years grace period on the principal


  • OWWA certification that borrower is a bonafide overseas worker, has completed Enterprise Development Training, and has credit history (if any)
  • A specific project that will generate income for OFW and his/her family
  • With contract growing agreement, purchase order or service contract
  • Certificate of Registration with DTI
  • Bio-data of applicant
  • Mayor’s Permit
  • Income Tax Return (last 3 years)
  • Financial Statements (last 3 years, BIR-filed) if applicable
  • Latest Interim Financial Statement, if applicable
  • Statement of Assets and Liabilities

During the 1st National Congress of OFWs and Families, an initial number of 12 OFWs/availees were granted the loan. Recipients come from Pasay (1), Bulacan (1), Pampanga (1), Zambales (1), Batangas (3), Cebu (1), Iloilo (1), Davao (1), Bukidnon (1), and Bacolod (1) with businesses ranging from agribusinesses like hog farming and palay trading, as well as gym, dental laboratory, LPG trading, internet cafe, spa/massage therapy services and music school.

Interested parties may call OWWA-NCR Reintegration Unit at 8340719 or you may visit the OWWA Regional Office near your residence.

OWWA-NCR Schedule of Orientation

Morning – 9:00 a.m. to 10:00 a.m. / 10:30 a.m. to 11:30 a.m.

Afternoon – 1:30 p.m. to 2:30 p.m. / 3:00 p.m. to 4:00 p.m.

@ 5th Floor, OWWA Center, 7th Street corner F.B. Harrison Street, Pasay City




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