Step-By-Step Procedure on How to Apply for OWWA Loan

At this point, you know what OWWA Loan is, its main purpose, how it works, the business allowed by the loan facility, the requirements you need to comply with, and who the eligible borrowers are. It’s time to bring them all together to guide you better in applying for this loan facility specifically designed for Filipino migrant workers.

Here is a step-by-step procedure on how to apply for OWWA Loan: Step 1: Attend and complete the Enterprise Development Training or EDT. Learn more about EDT in detail here.

Step 2: Prepare the pre-processing requirements needed for processing of your loan application. This includes proof of OWWA membership, Certificate of Attendance foe EDT, and two (2) valid IDs among others. Check this post to know the detailed list of requirement you need to prepare before submitting your loan application.

Note: Make sure that your requirements are complete upon submission of OWWA Loan application. This will make it easier and faster for you to process your loan application. The requirements will be submitted either in OWWA Main Office or regional offices, whichever is more convenient for you.

Step 3: Submission of Business Plan to the Land Bank of the Philippines (LBP) upon certification and endorsement of OWWA. At this phase, LBP will evaluate your project proposal based on the borrower’s credit worthiness and project viability. Likewise, Land Bank will package your loan application based on their credit facilities proposal.

Step 4: Loan evaluation, packaging, and approval. This will take 45 days upon receipt of loan requirements, which is why it is important that you prepare all the necessary documents when applying for an OWWA Loan.

Keep in mind that attending EDT and submitting all the requirements will not guarantee automatic approval. Credit institutions follow certain guidelines in approving every loan application and as long as you can show the viability of your proposed business and prove your credit worthiness, the higher your chances will be.

90 thoughts on “Step-By-Step Procedure on How to Apply for OWWA Loan”

    1. Yes, your wife can avail of the loan in your behalf. Just present marriage certificate in addition to other documentary requirements OWWA will ask from you.

      1. currently nan dito pa ako sa KSA balak ku na sanang hindi babalik dito next year pwede ba akong maka avail ng 1.5m at paki detail narin po monthly amortization? for 4 to 6 year.


        1. The loan amount depends on the business you are planning to start, capacity to pay (monthly salary), and collateral documents among others, so there is no assurance that you will be granted 1.5m worth of loan. As to the monthly amortization for 4-6 years, we cannot give you a detailed list since we are not sure with the prevailing interest rate by the time you will apply for a loan. Thanks.

          1. Good pm po.. ask lang po, uuwi po ang mother ko from Riyadh po. By Oct po. Kc dahil po di mgandang trato ng amo nia po. Plan nia po na lang po. Para di na po xa babalik po dun.. para tatayo po ng negosyo. Then nag.aaral pa po kami. Kailangan pa po ba ng colateral maam? Kc wala po kami nian maam.. cge po..

          2. Hi Ma’am

            Basically it all defends on the submitted collateral just like any other banks requirement, am i right?
            If you don’t have any property or assets that can present to them. You have a lower chance that the loan request will granted.


    2. My husband and I were ofw, 2 years ago he went home to study culinary arts while I am still currently working abroad,would it be possible to avail a loan for his internship abroad?

      1. Hello ask qlang maam gusto ko mag loan sa owwa 300.000.k para sa bahay q matapos ang second floor at kasalukuyan nandito aq sa qatar pwede ba mag avail ng loan ang asawa ko uuwi ako ng december at pabalik balik lang ako d2 sa company ko sa qatar..thanks

  1. Im an ex ofw from kuwait. I arrived in the philippines last 2008. Am i qualified for the loan. I need it to start a business. Please help. You can send your reply to my email at [email protected]

    Thank you

    1. IF you are an active OWWA member and certified by OWWA, you can avail of the OWWA Loan. Nonetheless, it is best to clarify this with OWWA since we are not sure about their procedure on former OFWs.

    2. Good day mam. Ask ko lang po kung ano po number ng owwa and kung saan po office para personal po ako makapaginquire regarding sa owwa loan.

      Pwede po kayo magreply sa email or number ko po.


      Mark Sy Villareal
      [email protected]

  2. Can my mother process the loan in my behalf? Because i am currently working abroad. And i read that one of the requirements is to get a training in EDT, how can i do that if im not in Philippines? How long does EDT takes? Thanks!

  3. I am 18 years owwa member, last 2015 nawalan ako ng trabaho dahil sa pagbagsak ng oil price in the international market, hanggang ngayon wala pakong trabaho, kya i am planning to put up a printing business, pwede paba ako makapag loan sa owwa ano ano ang mnga requirements? Totoo ba yung pag dika nakapagloan sa owwa in 11 yrs, me mekukuha kang pera? maraming salamat

    1. Please pertain to the chart para po sa step-by-step procedure ng pag-apply. Regarding sa pera na maaaring makuha, hindi po namin sigurado. Salamat.

  4. Brother or sister can avail the said loan? I have partner but we’re not married. I’m a security guard here at Abu dhabi.

  5. Hello po good day po sa inyong lahat…dati na po akong ofw since 2003 until 2010 then nag stop po ako..ngayon ito lang 2015 bumalik po ako ulit bilang ofw..ang tanong ko maam kung coverd pa rin po ba yung 2003 to 2010 bilang isang owwa members?tanong ko na rin po anu ano po ba yung business na qualified sa owwa loan?kasi ako po bilang driver po dito sa ibang bansa balak ko po kasi magkaroon ng kahit second hand na taxi po para pagkakitaan ko po sa pilipinas …covered po ba sya as a business para ma i loan ko po?salamat po…

  6. Pwede po ba akong mang loan sa owwa ng pang business ko kasi balak ko nag umwi ng pinas 11 yrs na ako dito sa UAE 48 yrs old na ako at nagyon wala na akong work dahil sa pag hina ng copany pinapasukan ko

  7. Hello po. Kararating ko lang ng May 13, 2017 sa bansang saudi exit na po ako gusto ko po mag loan sa OWWA pwede po ba ako magloan sa OWWA pang negosyo naguguluhan po kasi ako sa procedure eh sa OWWA lalo 45 days bago maapprove ng LAND BANK Baka abutin ako ng 3 months may apply din po ako sa ibang bansa.. please help me.

    1. Hi Gerry, sorry to hear it’s taking so long.

      You may want to consider also private lending companies. They are a bit more expensive, but can approve faster. Have a look at our comparison:OFW Lending Interest

  8. After working in KSA for 10 years my company now in Saudi Arabia is getting bankrupt. I want to stay for good in the Philippines in January 2018. Can I avail of the business training and and loan to put up my own business then?

  9. gud day po mam.
    ask ko lang po kung pwede po ako mag avail.ofw po ako dito sa saudi.10yrs na po ako dito.ask kolang po kung pwede ko mag loan.para po ipambili ng new car.kasi balak ko po na ipasok sa grab.tapos ipapalabas ko sa kuya ko.pwede po kaya un sa loan sa owwa???
    salamat po.

  10. Hi im an ofw here in saudi arabia.can my brother do the loan in my behalf coz im still here in saudi arabia

  11. yung collateral po ba kinukuha ni landbank? or ililista mo lang kung anong property meron ka?pano po kung wlang car and land title na pang collateral puro gamit lng sa bahay,pd na po ba yun?

    1. Hi Sol. Tinatatakan lang sa mismong title na naka-mortgage ang property sa banko. Kapag hindi makabayad, dun lamang magkakaroon ng foreclosure, pero may prosesong sinusunod bago umabot sa ganito. Kung wala kayong property na maaaring i-collateral, pwede parin kayo mag-apply sa tulong ng co-maker na makakatulong sa pag-garantiya ng loan. Salamat.

      1. Good day po
        Kung wala po ako pang colateral pwede po bang co-maker ang misis ko na mgwork sa abroad at mga computer units para makapaloan? May pisonet shop po kasi ako at balak ko mag expand dalamat po

  12. Im presently here in KSA, and 3 years this coming nov.2017. is my wife can avail the loan and can attend the seminar on my behalf?
    SPA I already issued to her before I came back last Feb,2017. What is my chances that I will be approve? Hoping for your favorable reply.

    1. Hi Christopher, you should be the one signing the documents and attending the seminar since you are the OWWA member. As to the chances of approval, that would depend on your monthly salary and collateral documents among others. Only OWWA can determine that. Thanks.

  13. Ma’am Aisha,

    100% po ba ng amount loan ang makukuha? May nabasa po kasi ako regards sa owwa loan na kung saan ay 80% lang ng total project cost ng loan ang makukuha at yun 20% ay shoulder nag loan?

    1. Hi Pris. Kadalasan talaga hindi 100% ang ibinibigay ng mga lenders. Depende din sa collateral mo ang amount na maire-release sa inyo.

  14. Hi my sister is OFW in macau, we have a conjugal property and planning to put up a poultry. Can she avail it?


  15. Hi, both my spouse and myself has been ofw 2007-2016…last contribution was April 2014…we are now currently working BPO industry now….just checking if we are still eligeable to apply for ofw loan for business or franchise opportunity

  16. Good morning ma’am aisha tanong ko lng pwd po ba na ang gawing collateral ay tax declaration ng lupa ..wala po akung pag collateral yon lng tax declaration ng lupa ng mother ko ..paano ako maka aveil ng loan sa owwa ..5 years po ako sa abroad gusto Kong umuwe at mag nigosyo nlng …pls reply kung anu gawin ko …at sabi ni sir Belo wala nang collateral pa ang pag loan sa owwa…thank you and bless ..need your reply

    1. Hi. kailangan yung mismong titulo ng lupa na nakapangalan sayo. Maaari ka din mag-apply with a co-maker para mas mapabilis ang proseso ng loan application.

  17. Hi, I`m planning to apply for OWWA loan on September during my 1 week vacation sa pinas. Just in case after a week wala pa decision sa loan application ko and nkbalik na ko abroad, is it possible na mrelease sya sa partner ko? Hindi pa kme legally married. Thank you.

    1. You can execute a Special Power of Attorney nalang, authorizing your partner to transact on your behalf. Still, baka hindi under your partner’s name ire-release ang funds since hindi naman siya ang borrower.

  18. Hi Mam Aisha, if mag loan po ko 2M good for 5 years magkanu po monthly rate ko according sa 7.5%.

    Since anf OWWA po wiling sa pag assist sa mga OFW wala po bng loan na walang interest?


    1. Hi, we’re not sure with the computation since OWWA might do this differently. Lahat din po ng loan may interest.

  19. Hello there, can i avail a loan only to construct a small house?
    If so, I only have 2 weeks left, would that be enough to process the requirements?
    Thanks a lot.

    1. Hi, the OWWA Loan is for business use only. You may consider other government agencies such as SSS or Philhealth for construction.

    1. The OWWA Loan is for business use only. For housing purposes, you can try government agencies like SSS or Philhealth.

  20. MADAM, ex abroad po ako meron po akong recontract na another 3 years pero bigla nila akong hindi pinabalik when i was in vacation ,,,anu pon pwedeng gawin para makakuha man lang ng kaunting loan sa inyo ?

  21. Gud am po, mhigit 1yr n po me nkauwi galing taiwan ask ko lng po if pwede po me mkaavail ng loan para po mkompleto po ung sari sari store ko d2 po sa subd.nmin. pati mkpagopen n rin po ng mga frozen goods. Pwede po p b mkaavail ng 100k? Thanks po! And if ever ano po ung mga requirements?

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