Enterprise Development Training: A Requirement You Need to Comply when Applying for OWWA Loan

One of the projects offered by the Overseas Welfare Workers Association or OWWA is the Enterprise Development and Loan Program, popularly known as OWWA Loan. Its primary aim is to aid Filipino migrant workers to go back and stay in the Philippines for good through business enterprise development.

Here’s the catch: if you wish to avail of the OWWA loan, you need to undergo Enterprise Development Training or EDT. In fact, it is one of the major requirements you need to comply with before your loan application is processed. Upon submission of your loan application, you need to show proof that you finished the course.

EDT has three phases, which you will learn more in detail below. Phase 1: Program Orientation and Business Appreciation

In this phase, you will be introduced to the concept of business, understanding a business venture, and the qualities you need to posses to help you in running and maintaining your chosen field. There will also be Personal Entrepreneurial Assessment to help you identify your strengths and possible weaknesses in handling a business.

At this phase, you will also be asked to present your business ideas and draft your business plan. Experts will be looking into your business plans, so pay attention as to the areas of improvement.

In case you have questions on the OWWA loan facility, this is the perfect phase to raise them so you will have a better understanding.

Then, you can move on to the next phase.

Phase 2: Project-Specific Training / Visit to Demo Farms / Immersion 

Your chosen business enterprise can be divided into two categories: AGRI and NON-AGRI.

If your proposed business is in the agricultural sector, you will have project-specific trainings and hands-on experience with relevant government agencies such as Department of Agriculture or Department of Agrarian Reform. You will also have social preparations sessions where you will attend trainings on bookkeeping or record keeping, and other skills training such as food handling, marketing strategies, and developing production skills.

If you prefer a business venture that is non-agricultural, OWWA will refer you to relevant agencies such as TESDA and DTI. You will be taught management and technical skills applicable to your proposed business, plus networking techniques to help your business grow. You will likewise be given a Basic Productivity Toolbox as part of the Social Preparation Intervention.

After this stage, you will move on to the last phase.

Phase 3: Business Plan Writing Seminar

You already have a business plan at the start of your EDT. At this stage, you will be asked to incorporate all your learnings from phases 1 and 2 into your business plan. Land Bank will give you basic knowledge on how to prepare a business plan to boost your chances of approval.

Once you completed the three phases of Enterprise Development Training, you will be given a Certificate of Attendance to prove that you went through the process. Then, complete the other requirements needed to process your OWWA Loan application. Thereafter, you will be endorsed to Land Bank, where a 40-day verification period will run as part of the application process.

71 thoughts on “Enterprise Development Training: A Requirement You Need to Comply when Applying for OWWA Loan”

    1. Where can i get schedule for EDT?
      I plan to attend this,training on my schedule leave back to Philippines.
      Any requirements i need to prepare to attend this training?

  1. I am an ex ofw for 5 yrs Can I apply for an owwa loan to augment our existing business financial requirements?

  2. Hi,

    How many days needed in enterprise development training? Currently, I’m OFW working as engineer in Singapore within 4 years.

    Am I qualified?

    Please response. Thanks.

    JET.

    1. Hi Jerome, EDT usually lasts 2 days only. All active OFW-OWWA members are qualified since this is a mandatory requirement if you plan to apply for OWWA loan. Nonetheless, it is best to confirm this at the nearest OWWA office in your place.

      Thanks!

          1. How about the EDT? Can my authorized representative (spouse) or co-borrower attend this in my behalf?

          2. Hi Cello, apologies but we are not sure on this one. From our understanding, the person applying for the loan should also be the one attending the EDT.

  3. Is the ETD certificate have expiration?i plan to attend this training while im here in phils.but im going maybe next month.i want to build the agri business after my 2 year contract when im back here.
    Thanks.

    1. Hi, we’re not sure. Nonetheless, we believe that as long as the ETD certificate pertains to the same business you want to open even after your contract has expired, then it will suffice.

  4. Is an ex-OFW qualified on this? I came home for good last May 2009 from my 12 yrs+ employment in KSA and 6 yrs prior to that in another company also in KSA, 2 yrs in S’pore and 2 yrs in KSA – my first overseas employment last 1982-84 termed OCWs. Would like to enroll in EDT, but where to apply?

    1. You may apply in the OWWA main office or the regional offices, whichever is more accessible to you.

  5. Hi.Im planning to go home for good.How much is the minimum and maximum attainable amount can be loan in owwa?thank you.

  6. Hi I have existing business I want to avail OWWA loan to augment my capital. Is it possible ? I have brand new SUV as collateral

  7. Good day, I am planning to take the EEDT, can you provide me the schedule and venue of this event.
    Many thanks.

  8. hi i been 11 years working here in saudi arabia and im planning to cameback in the philippines the latter part of this year for good and i have my 5months ongoing ministuff business and for additional capital should i can be applyfor owwa loan?what are the requirement s i needto provide?

  9. Hi. Good day. I’m planning to apply for owwa loan. May I ask how much would be the interest for 100,000php? And is it possible to guarantee my loan for uber driver business?

    Please reply. Blessings ahead.

  10. HI MY MOTHER IS AN OFW FOR 10 YEARS AND SHE’S PLANNING TO GO HOME SOON FOR GOOD. IS MY LAND TITLE NAMED AFTER ME BE USED AS HER COLLATERAL? TNX

    1. Yes, although you have to sign in the Real Estate Mortgage as well. Another option would be you mother can apply for the loan and you will be her co-borrower.

  11. Hello ma’am I’m planning to go home this coming November for for good I’m 5 years working here in Malaysia ..can I avail the owwa loan for piggery and folltry that’s my dream but no capital ..ma’am how if I don’t have things​ for collateral …I can apply loan even I don’t have collateral.. please reply …

    1. Hi Elvie, you can avail of an OWWA Loan for your business of choice. If walang maico-collateral, it is recommended that you apply with a co-borrower.

  12. Good evening ma’am mag tatanong lng Po ako paano ako maka avail Ng loan sa OWWA dhil Wala akong pang collateral 5years na ako dto sa Malaysia at pagod nku gusto ko nang tumigil sa pag abroad ..Ang problima ko Wala akung pang collateral ..my lupa kmi pero hawak lng nmin Ang tax declaration Wala kaming land tittles..gusto ko mag gawa Ng piggery at polltry ..pls help me ..

  13. Good day, Ms. Aisha,
    I have posted a question earlier and this is just a follow-up.
    May I please inquire about the what, where, when and how of the Entrepreneurship Development Training Seminar.
    I plan on attending as soon as possible, but we are already conducting our own business plan, to be revised according to what I will learn in the seminar.
    Thank you very much.
    I am hoping to hear your reply to all my questions.
    You can send them to [email protected] if it is convenient for you. I will check the site as often as I can to see if you have replied. God bless.

    1. Hi Landair,

      It should be you father who should apply for the OWWA Loan. If he is unable to go home, then he can execute a Special Power of Attorney to allow you or your mother to transact on his behalf. As to the schedule of EDT, we do not know. It is best to direct your concern directly with OWWA. Nonetheless, if you are looking for a lender to help you start a business, you may consider OFW Lending Companies. Please check this page for comparison – http://www.ofwloans.ph/ofw-loan/compare-loans/

  14. Hello ma’am plano ko pong mag avail ng OWWA loan problema ko po lang ang pang collateral. My housing loan po ako sa pag ibig ngunit hindi pa po fully paid my posibilidad po ba kayang ma approved. At pwdi po ba kaya yong housing loan ko maaaring pang collateral ko since nagbabayad na po kami ng tax declaration po sa munisipyo.

    1. Hello Ed. Kung may existing Housing Loan kayo with PAG-IBIG, ibig sabihin po ay naka-collateral yung property kay PAG-IBIG. Kung nais niyo po mag-apply ng OWWA Loan, mainam na magkaroon kayo ng co-maker or co-borrower upang magarantiya na mababayaran ang loan. Salamat.

  15. hi good day.
    i am planning for a franchising business, like small gas station of convenience store. does owwa loan granting those kind of business also?

    1. Hi Michael. Yes, OWWA may grant a loan for this kind of business. Just make sure you are able to submit all the requirements they’re asking for faster processing of loan application.

  16. Good day!!!
    I am active OFW. 2011 I attended the EDT Sminar in Phil Trade Pasay.But did’nt continue my application since i go back to work again.Now,i want to pursue my loan,can i use my old EDT CERTIFICATE?
    Thank you very much.
    GOD BLESS.

    1. Hi Charito. You can use the EDT certificate if you will pursue the same business you want to initially start. But the OWWA might ask you to attend again since 2011 pa yung certificate.

  17. Hi good day,
    Im here in taiwan as factory worker for 9 years, i want to loan to start my own bussines and go home for good, can i undergo EDT training here? They were issue certificare here? Thanks

  18. i want to avail the loan kahit nasa abroad pa ako, i wanted to expand my business through my representative, can i still have another way to avail this loan kahit nasa abroad pa po, sayang kasi panahon kung mag aantay pa nang bakasyon para mag attend nang mga semenars.

  19. H, i came back here in Phil This year March 2017. I am an Active owwa member. Can i apply loan without collateral?

  20. Dear Aisha,

    Is OFW Re-integration program also cater for a non-collateral loan?
    What are the requirements?

  21. Hi,

    I hope all is well.

    I do have the following questions for you below. I hope you could assist me? Thanks in advance.

    My husband worked in Qatar for 7 years and he’s an OWWA member. He resigned on his work last April and planning to start a Water Refilling Station business here in the Philippines.
    1) May I ask if he’s qualified to apply for OWWA loan?
    2) Do you offer loans without collateral?

    Looking forward hearing from you soon.

    MJ

    1. Hi Melfa. Your husband may be qualified as long as he meet all the requirements. You can apply for a loan without a collateral as long as there is a co-maker.

  22. I was a member of OWWA since 2008 but after 2012 til 2017 i didnt have a permanent job abroad. Am i still eligible on this program?

  23. Hi, Good day,
    I’ve been in my company for more than 11 years and I’ve decided to go back home for good, I’m here already in Philippines, I heard that I will be getting benefits? Is it true?
    Also I want to apply for a loan and start a business. I’m staying in Pampanga, Please advise..Thank you and more power

    Maileen

  24. Hi, im in Thailand. Just wanna ask if ever i have a collateral, do I still need to have a co borrower? And what are the other requirements to avail this loan. Im planning to start a piggery business.

  25. hi mam,ask ko , may 15 days lang po akong vacation leave, at gusto kung mag avail ng OWWA loan . sa pag attend ko po ng EDT isasama ko po asawa.pwede po cya na lang mag follow up kung ano p yung kulang . gusto ko n po kasing mag start ng business sa pinas bago ako mag for good sa ibang bansa. pls reply

  26. Hello, magkano amount ang pupuedeng ma-loan sa OWWA business loan ng isang OFW like me . . . .? For example, I already started a (4k cavan) storage building & dryer for Palay Buy & Sell business. The civil construction already cost me almost P1M. As of now preparing my 2-hec land as collateral.

    1. Maximum is P2 million, but the loan amount will depend on your collateral, capacity to pay, nature of business, etc., which only OWWA can determine how much.

  27. Good day,

    Sa Philippines lang ba nag bibigay ng EDT ang OWWA?does OWWA office outside Philippines provide EDT trainings?

    Thank you…

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