Monday, July 21, 2014

OWWA OFW REINTEGRATION PROGRAM



Ano nga ba itong OWWA Reintegration Program?


Narinig ko ito nuong nagpaseminar ang OWWA dito sa Busan.


Kung marunong kayong magnegosyo o nagbabalak kayong magnegosyo pwede nyong ma-avail ang mga benepisyong to.


Noong 2013, meron nang  854 approved loan applications base sa report ng abs-cbn.



""The OWWA, which implements the P2-B National Reintegration Program jointly with the Landbank of the Philippines, has recorded 854 approved loan applications as of end of December 2013, with total loans of P632.531 million granted and released," said Carmelita Dimzon in a report to Labor Secretary Rosalinda Baldoz." - source: 
http://www.abs-cbnnews.com/global-filipino/03/19/14/more-ofws-tapping-p2-b-reintegration-program-owwa

Me dalawang category ang programang ito.


Una ay ang on-site (reintegration preparedness). Ito ay naglalayong maturuan at maihanda ang isang OFW na magkaroon ng negosyo pagbalik nya ng bansa. Ito ang isang halimbawa ng seminar na ginagawa ng OWWA, ito ay Livelihood and Financial Literacy Seminar na ginanap sa Suwon South Korea.


http://skpinoy.com/2014/07/06/financial-literacy-seminar/


Pangalawa ay ang in-country. Ang layon naman nito ay ang magkaroon ng pagkakakitaan ang former OFW kagaya ng pagbibigay ng job referrals locally man or palabas ng bansa ulit. Meron din silang livelihood trainings to former OFWs and to families of the OFWs while one is still working overseas.


Ito ang steps kung paano maka-avail sa livelihood loan ng OWWA.


http://www.owwa.gov.ph:8080/wcmqs/announcements/Orientation+on+Reintegration+Program.pdf


Sino ang pwedeng makaavail ng program na ito? -Lahat ng OFW at dependent nila.


Itong huli ay nakuha ko sa website ng Landbank, which is the one to provide the approved OFW recepient with the loan.


Source: https://www.landbank.com/products_OFWReintegration.asp

OFW REINTEGRATION PROGRAM

LANDBANK and the Overseas Workers Welfare Administration (OWWA) forged a partnership to provide enterprise opportunities for OFWs on a sustainable basis.

ELIGIBLE BORROWERS

Overseas Filipino Workers as certified and endorsed by OWWA to LANDBANK

ELIGIBLE PROJECTS

Viable projects with confirmed market or Purchase Order (if any) that will generate net monthly income of at least P10,000.

ELIGIBLE LOAN PURPOSES

  1. Working capital
  2. Fixed Asset Acquisition

PROJECT COST SHARING

  1. Borrower's Equity - Minimum of 20% of the Total Project Cost (TPC)
  2. Loan - Maximum of 80% of TPC

LOAN AMOUNT

  1. Minimum - P300,000
  2. Maximum - P2,000,000

INTEREST RATE

Short Term Loan and Term Loan - 7.5% per annum fixed during the duration of the loan

LOAN REPAYMENT

  1. Short Term Loan - maximum of one year
  2. Term Loan - based on cash flow but not to exceed seven years inclusive of maximum of two years grace period on the principal

PROCESSING REQUIREMENTS

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

For further information and/or assistance, please contact:
LANDBANK - Program Management Department II
28th Floor, LANDBANK Plaza
1598 M.H. del Pilar cor. Dr. Quintos Sts., Malate, Manila
Telephone Numbers: 522-0000; 551-2200
Locals 7640, 2448, 2650


No comments:

Post a Comment