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OFW Reintegration Program (OFW-RP)

The DBP OFW-RP is a financing assistance program to OFWs for the establishment of viable income-generating activities.

Eligible Projects

Projects with confirmed market or purchase order/s that will generate net monthly income of not less than PhP10,000.00.

Eligible Borrowers

    • OFWs who are certified and endorsed by OWWA and have completed the Enhanced Entrepreneurial Development Training (EEDT)
    • Partnerships, corporations, cooperatives can be eligible borrowers provided that all partners/stockholders/directors/officers/members are OFWs who have been certified and endorsed by OWWA and have completed the EEDT

Loan Amount

    • Up to 80% of total project cost
    • From PhP300,000.00 up to PhP2,000,000.00

Interest Rate

7.5% per annum fixed for the term of the loan

Repayment Terms

    • Credit line – maximum of one (1) year
    • Term Loan – based on the cash flow of the project but the same shall not exceed seven (7) years inclusive of a maximum two (2) years grace period on the principal

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