Financial Awareness Seminar and Small Business Management Training for the OFC in Miag-ao, Iloilo

Overseas Workers Welfare Administration Regional Welfare Office VI (OWWA RWO6) in partnership with Miag-ao Public Employment Service Office (PESO) conducted Financial Awareness Seminar and Small Business Management Training for the members of Miag-ao OFW Family Circle. The activity was held in Justice Ramon Britanico Hall Miag-ao, Iloilo last July 25 2022.

To start-off the activity, Mr. John F. Nocal, PESO Manager of Miag-ao, Iloilo welcomed and gave his message of support and solidarity to the participants and to the agency.

Ms. Mercy T. Labuson, NRCO Staff, presented and uplifted the knowledge of the participants on the updates of OWWA’s programs and services offered to the Overseas Filipino Workers (OFWs) and their families especially in this time of pandemic. 

Values formation on recognizing the different kinds of values to strengthen the core values of the participants was also been discussed by Family Welfare Officer Krisdel Mae Soberano.

To orient the participants in managing their finances, Financial Awareness Seminar and Small Business Management Training were highlighted during the activity. Mr. Christian S. Labuyo, Family Welfare Officer, discussed to the participants about financial literacy and steps to financial freedom. He also talked about the concepts of planning, saving and investing.

The activity aims to educate the OFWs and their families on the importance of positive perspective in financial behaviour and importance of investing and pursuing business in preparation to the plan reintegration of the member-OFW in the country. This is as part of the campaign on the financial stability of the OFWs and their families.

The Overseas Workers Welfare Administration (OWWA) is a national government agency vested with special function of developing and implementing welfare programs and services that respond to the needs of its member-OFWs. One of the agency’s function is to provide social and welfare programs and services to member-OFWs, including social assistance, education and training, cultural services, financial management, reintegration, and entrepreneurial development services.