Davao City – “Staying for good is a better option for me as a returning OFW, and to sustain life, entrepreneurship is a better option.”, said Francis, an OFW.
The concern of Francis has been the concerns of hundreds of OFWs who opt to return to the country for good. And to this, OWWA, through its Reintegration Program has been conducting its Entrepreneurial Development Training (EDT).
The training formally aims 1) to provide awareness and a better understanding of the intricacies of putting up a business enterprise to OFWs and their dependents, 2) to provide the participants with inputs on the financial patterns and behavior, impart knowledge and skills in the preparation of a business plan, assess the qualities and capabilities of OFWs and their families as entrepreneurs, provide inputs on viable business ideas and possible entrepreneurial ventures, and orient them on the basic aspects of business operation and management.
At the end of the training, the participants are expected to obtain ideas on viable business ventures and possible enterprises that are marketable, learn the basic concepts of business operation and management, and learn how to prepare a business plan.
Under OWWA’s OFW Enterprise Development and Loan Program (OEDLP), an OFW or his/her legal dependent can avail of a loan of P100, 000.00 to P2.0 million. (END)