If you have the heart for entrepreneurship, and is highly interested to venture so you won’t drag your feet to fly and work overseas again in the future, you better grab this golden opportunity.
Through the OFW Reintegration Program (OFW-RP), Landbank helps an OFW grow a bigger business.
As per Landbank, an OFW who is a certified OWWA member and has attended a particular ‘capacity building program’ is eligible to borrow an amount of money within the range of Php 300,000 – Php 2,000,000.00.
The loan’s purpose is a ‘working capital’ and/or money for ‘fixed asset acquisition’. A responsible OFW borrower then pays Landbank based on his business’ cashflow. The payment should not exceed 7 years (inclusive of 2 years grace period) from the day it was released.
For more information about this loan, download this PDF brochure.
What can you say about this opportunity, kabayan?
Share your thoughts by writing a comment below.