NRCO PROGRAM FACT SHEET
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1 Formation of Investors and Entrepreneurs : Various forms of assistance aimed at transforming the mindset of OFWs and their families to become investors and entrepreneurs, including the provision of Financial Literacy Seminar (FAS), Entrepreneurial Development Training (EDT), Skills Training with Starter Kits, and grant for livelihood. PROGRAM/PROJECTS: FINANCIAL AWARENESS SEMINAR (FAS) Seminar that serves as avenues for OFWs to gain knowledge and skills on financial planning and management of their handearned earnings from overseas employment. OFWs and their families Training, Seminar, Orientation, Awareness FY Number of OFWs 2014 Number of OFWs : P 2,860, : Number of OFWs : 2, : Number of OFWs : 2, : Number of OFWs : 2, : Number of OFWs : 34
2 Formation of Investors and Entrepreneurs : Various forms of assistance aimed at transforming the mindset of OFWs and their families to become investors and entrepreneurs, including the provision of Financial Literacy Seminar (FAS), Small Business Management Training (SBMT), Skills Training with Starter Kits, and grant for livelihood. PROGRAM/PROJECTS: SMALL BUSINESS MANAGEMENT TRAINING Trainings on fundamental requirements in availing livelihood assistance program aimed at helping OFW returnees and/or their families in understanding the different aspects of a business, particularly business establishment and management. OFWs and their Families Seminar, Training FY 1984 Number of OFWs returnees 2014 Number of OFWs returnees 2013: Number of OFWs returnees 2012: Number of OFWs returnees 2011: Number of OFWs returnees 2010: Number of OFWs returnees P 2,860,703 5,920 1,651,600 9,928 2,779,840 25,103 1,977,
3 Creation of Enterprises : Various forms livelihood assistance for OFW-returnees and/or their families to start-up a micro-business; and for distressed women-ofws to provide them with a package of livelihood skills training with starter kits that will enable them to start quickly a livelihood undertaking PROGRAM/PROJECTS: Enterprise Development Assistance Program A Php 10,000 worth of starter kit to undocumented OFW returnees in the creation of their micro-business. Undocumented OFWs Starter Kits FY Number of undocumented OFW-returnees a. Individual b. Group a. Individual b. Group 2014: Number of OFW-returnees 2013: Number of OFW-returnees c. Individual: d. Group: c. Individual: 3,104 30,732,566 3,340 33,400,000
4 d. Group : 2012: Number of OFW-returnees 3,846 38,460, : Number of OFW-returnees a. 1,670 b. 8 a. 16,700,000 b. 800,000
5 Creation of Enterprises : Various forms livelihood assistance for OFW-returnees and/or their families to start-up a micro-business; and for distressed women-ofws to provide them with a package of livelihood skills training with starter kits that will enable them to start quickly a livelihood undertaking PROGRAM/PROJECTS: BALIK PINAY! BALIK HANAPBUHAY! SKILLS TRAINING WITH STARTER KITS Package of livelihood skills training with starter kits that will enable FW-returnees to start quickly a livelihood undertaking Distressed women OFWs Livelihood/skills training with starter kits FY Number of distressed women OFWs 2014: Number of distressed women OFWs 2013: Number of distressed women OFWs 2012: Number of distressed women OFWs 2011: Number of distressed women OFWs , ,830, ,430,000 1,090 10,900,000.00
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