Development Bank of the Philippines Financial Assistance to OFWs
DBP is supporting OFWs to reach their dreams and to give brighter future to their families. The bank with a golden heart for Filipinos, has created Financial Assistance to OFWs that gives various loan according to their needs.
Pre-Departure Loan
There’s no more problem where to get money for placement fee o processing fee because DBP has a pre-departure loan for OFWs who is ready-bound to work abroad. OFWs can also apply a loan for subsistence allowance, clothing allowance and pocket money.
Multi-Purpose Loan
OFWs can also apply for a multi-purpose loan for emergency or urgent need for additional budget for tuition fees, buying cars or new appliances and other expenses. This multi-purpose loan is open for all OFWs who are still working abroad and for their families here in the Philipines.
Enterprise Development Loan
With the help of the DBP enterprise development loan, OFWs can hope to start their own business. More than the additional income, DBP is helping OFWs to save and invest hard-earned money for their future. DBP enterprise development loan can be used as a seed capital to finance or augment the business to grow.
Housing Loan
With the help of DBP housing loan, OFWs dream house is a dream come true. This loan can be used to buy, build or renovate own house.
Interested OFWs can go to the nearest DBP partner institution or get in touch to any DBP office/branch in order to know how to avail DBP Financial Assitance to OFWs.
For more information on how to avail the DBP Financial Assistance to OFWs, please contact:
DBP REMITTANCE CENTER
2nd Floor, DBP Head Office
Tel. No.: (632) 818-9511 local 2224
Telefax No.: (632) 893-8855
E-mail: rc-incoming@devbankphil.com.ph
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me and my husband currently working here in riyadh saudi arabia. we want to apply for an ofw loan. how?
I am A Filipino working here in Riyadh..Pls send me info on how to avail multipurpose loan?? Tnx
I am in vacation , my returned date as my guarantee letter on Jan 13, 2011. as of now i did not sign my contract i have to renew my seaman book as soon as i renew it then the signing of contract begin as it is one of the requirements . right now i am experiencing financial difficulties can i possibly avail a loan.
thanks
Pano po mag avail ng MPL? OFW po ako dito sa Al Khobar KSA. Thanks!