SB 1141
Senate·20th Congress·Filed Aug 7, 2025
Overseas Filipino Workers Credit Assistance Act of 2025
An Act Establishing a Credit Assistance Program for Overseas Filipino Workers
In plain language
The bill would let qualified overseas Filipino workers borrow up to ₱50,000 from OWWA to cover recruitment costs, travel, and their families’ first three months of living expenses, with repayment over 1‑2 years at a maximum 6% interest rate.
Labor and EmploymentConsumer ProtectionPublic Works and Infrastructure
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Author · Senator
Subjects
Credit Assistance ProgramOverseas Filipino Workers (OFWS)/ Migrant Workers
Official sources
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SBN-1141 · Sources: BetterGov Open Congress, BatasWatch