Displaced OFWs get livelihood assistance from OWWA
Cebu City (5 March) -- The Overseas Workers Welfare Administration in region 7 (OWWA-7) has extended financial assistance to 168 Overseas Filipino Workers (OFW) that were laid off in their jobs caused by the global financial crisis.
In a public consultative meeting held recently at the Malacaņang sa Sugbo, OWWA Administrator Carmelita Dizon with Felix C. Guanzon, Presidential Assistant for Central Visayas and deputy administrator Teresita Manzala handed over 14 checks to the first batch of beneficiaries who decided to put up a business of their own.
Dizon said that OFWs who would like to avail of the program will submit their business proposals and will undergo business counseling and entrepreneurial training.
According to OWWA, a displaced worker can avail of a P50,000.00 livelihood financial assistance thru the Filipino Expatriate Livelihood Support Fund (FELSF) program. This loan is payable for two years with only 5 percent interest per year and another 90 days grace period.
Dizon said, the processing of the loan will only take 2-days with a thorough scrutiny of the documents and after the loans are released, OWWA office will continuously monitor the businesses, she added.
As of press time, there are 376 OFW's in Central Visayas that are registered with the OWWA in the region.
In the same consultative meeting, Philippine Overseas Employment Administration (POEA) Officer-in-Charge, Evelia Durato said, her office will provide legal assistance and referral of licensed recruitment agencies to OFW's that visit the office for assistance.
More than 400,000 job orders are unfilled from various countries; such as construction workers, IT, manufacturers and other skilled workers. Multi-skilled workers are now in demand abroad, Durato added.
TESDA on the other hand is now offering short courses that will cater to the needs of the OFW's who want to improve their skills, Durato said. (PIA-7/hfg) [top]