Showing posts with label OFWs. Show all posts
Showing posts with label OFWs. Show all posts
The Rich Dad, Poor Dad Author Robert Kiyosaki discusses the 3 E's of Investing which is summarized as : Experience + Education= Excessive Cash. In the previous article, we talked about creating a business plan, now we will delve into the scenes why starting and running a business needs patience, a 'Manny Pacquiao" winning attitude and much learning through both actual experience and study.
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By: Serenidad F. Lavador (Philippine Daily Inquirer)
(Click HERE for original article)
Can the role of our overseas workers in the economy be enhanced to make them true-blue “mga bagong bayani?” Besides spending their hard-earned money on food, appliances, real estate and other nonproductive or dormant assets, can OFWs be enticed to go into business or other productive activities that generate continuing income for them, their families and their communities?
Click Here to Read More...
(Click HERE for original article)
Can the role of our overseas workers in the economy be enhanced to make them true-blue “mga bagong bayani?” Besides spending their hard-earned money on food, appliances, real estate and other nonproductive or dormant assets, can OFWs be enticed to go into business or other productive activities that generate continuing income for them, their families and their communities?
Most OFWs who end their contracts from abroad are often faced with a dilemma on how to sustain personal income after years of labor in foreign lands. There is a recent program administered by the OWWA (Overseas Workers Welfare Administration) in which returning OFWs who would want to start a small business may be able to get a loan (300T- 2 Million Pesos) with 7.5% interest rate per annum. Based on the OWWA website, there is no other information if this is collateralized or non-collateralized.
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By Cora Llamas
Philippine Daily Inquirer
WHAT businesses do overseas Filipino workers (OFWs) invest in once they decide to resettle back in the Philippines?
Food franchises, according to sources, in the form of inexpensive fast-food stalls are almost always the first business ventures that OFWs go into, in the hope of making a quick profit at minimal capital.
Click Here to Read More...
Philippine Daily Inquirer
WHAT businesses do overseas Filipino workers (OFWs) invest in once they decide to resettle back in the Philippines?
Food franchises, according to sources, in the form of inexpensive fast-food stalls are almost always the first business ventures that OFWs go into, in the hope of making a quick profit at minimal capital.
Click Here to Read More...
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