\u201cThis is all part of our program which is \u2018Trabaho. Negosyo. Kabuhayan.\u2019 In general that\u2019s how summarize the mandate of DTI. Gusto naming magbigay ng trabaho, tumulong sa negosyo at mag-improve ang kabuhayan,\u201d explained Yalong during her talk titled: \u201cSerbisyong OFW: Financial Assistance Projects for Returning OFWs\u201d during the recently-held Philippine Property and Investment Exhibition.<\/p>\n
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She added that the DTI hopes that more overseas Filipinos could jump in the entrepreneurship bandwagon as this will help not just the Filipino who will earn from her\/his business, this would also ripple to benefit the Philippine economy by creating more jobs, thereby providing income to even more Filipino families.<\/p>\n
\u201cWe believe in DTI na the way for the Philippines to increase jobs and to have more income is to promote entrepreneurship. Sa Philippines, 99 percent of our businesses are MSMEs so we really have to support our Micro, Small, and Medium Enterprises. In the Philippines\u2019 Ambisyon 2040, we want a prosperous middle class society where no one is poor and our people will enjoy long and healthy lives,\u201d explained Yalong.<\/p>\n
Yalong likewise stated that DTI provides guidance as to which types of funding the OFW could avail, provided that the business that the OFW is planning will be based in the Philippines.<\/p>\n
\u201cMarami pong government agencies that can provide funding for aspiring entrepreneurs. May mga loans na pwede mong ma-avail specifically for returning OFWs. So iyon kailangan nag-\u2018for good\u2019 ka na. Pero there are other loan facilities where you don\u2019t have to be based in the Philippines pero what\u2019s key is that the business has to be in the Philippines,\u201d said Yalong.<\/p>\n