A P500-Million special window under the P3 CARES Program catering to land-based and non-professional repatriated Overseas Filipino Workers (OFWs) who will start their own small business
A component program of the Pondo sa Pagbabago at Pag-asenso (P3) fund under the Department of Trade and Industry (DTI) and aimed at helping repatriated OFWs rebuild their lives by providing opportunity to become entrepreneurs
Loan proceeds should strictly be used for working capital to start and sustain the business operations.
OFWs may borrow a minimum of P10,000 to maximum of P100,000 free of interest and collateral. A service fee of 6% will be charged to loans with 24 months payment term and 8% for loans with 36 months payment terms (inclusive of 12 months grace period).
Application process will start with the pre-registration on the on-line training with the Philippines Trade Training Center (PTTC)
Accomplished Loan Application Form
One (1) Government-issued ID with photo
OWWA Certification or proof of being repatriated OFW
AVP of Business Plan
Certificate of completion of an on-line training session for enterprise start-ups conducted by PTTC