OFWs Affected by ‘Ondoy’ may Apply for Calamity Loan

Overseas Workers Welfare Administration recently opened a fast-track calamity loan facility that would assist families of active OWWA members who are affected by the typhoon Ondoy.

Calamity loan worth of Php10,000 will be offered to qualified borrower with no interest, says OWWA Administrator Carmelita S. Dimzon.

Dimzon added that loan is payable in 24 monthly installments with a grace period of 120 days from release.

“This is OWWA’s response to the urgent need of its members, when many households are suffering in the wake of widespread destruction brought by Typhoon Ondoy,” said Dimzon. “This is a concern that our Labor Secretary Marianito D. Roque deeply shares because of the impact that the typhoon has brought on Filipino households, including those of OFWs.”

“We note that a large number of those affected are OFW families, especially those residing in towns and cities declared as calamity areas by the National Disaster Coordinating Council (NDCC) in Metro Manila, the province of Rizal and Region 3,” Dimzon added.

The OWWA welfare offices and their staff in affected regions were instructed to quickly act out in processing the loans for early approval and release.

Requirements for the calamity loan are the following:

-Active OWWA membership

-Certification from the local government proving that the applicant is affected by ‘Ondoy’

-Promissory note or affidavit of undertaking of the OFW-member.

Qualified applicants may now go to the nearest OWWA regional office or call OWWA Operations Center at 0917-8986992 (TXTOWWA), or 5511560 for more inquiries.