OFW loan has been closed last year, May 2012 but this year, February 2013, it has been re-opened to provide financial assistance as a fast cash loan credit offer for PRC-licensed overseas Filipino workers (OFW). Our lending company for which you can apply for this is our branch in Makati. For other branches, please see our list below.
I have listed below the initial or pre-qualifying requirements and how to know if you qualify for this cash loan for OFW. Please be guided that as of now, this type of financial help is ONLY extended to PRC license holder professionals such as doctors, engineers, architects, nurses, accountants and more.
Please note that if you are the beneficiary such as a wife or son or daughter, you can qualify to become the co-borrower of the OFW borrower. On the other hand, banks like BPI, BDO, MetroBank and other financing companies no longer offer it. An alternative is the bank personal loan while OWWA has their business loan. POEA on the other hand does not offer any assistance to OFWs for now.
Pre Qualifying Requirements:
- Application date must start at least 1 month before departure and awarding ng loan.
- Must be employed based from contract as a professional with PRC license. If you are a PRC licensed nurse, your contract must state that you are to work abroad as a nurse and not any other position or job.
- Must have at least $1000 minimum salary stated in the contract to be presented as an application requirement.
- Co-borrower must be an immediate relative.
- Must be here in the Philippines to sign documents, apply in the office and appear personally to claim loan money at least 1 month before departure.
- Must be with a scheduled flight to work abroad at least 1 month before application.
OFW Loan Requirements:
- PRC ID
- proof of billing
- 2 valid IDs
- POEA validated contract
- Please note that other documents may be required on a case to case basis
Samuel Casuncad – GDFI Makati Branch Loan Consultant -
My Corporate Contact Details:
3663645 – Home Phone
0932 8725532 – Sun CP
0939 9269335 – Smart CP
0917 5019245 – Globe CP
OFW Loan Lending Company Branches
- Ortigas Center Pasig City
- Makati Yakal cor. Talisay Street San Antonio Village
- Harrison Plaza Kiosk (accepts application)
- Ermita Manila in Mabini Street
- Baguio City Upper Session Road
- La Union Kiosk in San Fernando
- Urdaneta in Mc Arthur Hiway Pangasinan
- Cabanatuan Maharlika Hiway Nueva Ecija
- Pampanga Mc Arthur Hiway in Dolores, San Fernando
- Olongapo Rizal Avenue West Bajac bajac
- Baliwag Poblacion in Bulacan
- Tandang Sora Visayas Avenue Quezon City
- Las Pinas Alabang Zapote Road
- Cavite in Aguinaldo Highway Barangay San Agustin 1, Dasmarinas (Dasma)
- Cebu in Osmena Boulevard cor. Jakosalem, Cebu City
- Iloilo in Huervana cor. Rizal Street, La Paz
- Bacolod Branch in Lacson Avenue
- Cagayan de Oro in Corrales Street
- Davao Branch in Pichon Street
- Great buy Dagupan in MH del Pilar Street, Dagupan
- Soon in Alabang Muntinlupa area