SB 895
Senate·20th Congress·Filed Aug 5, 2025
Overseas Filipino Workers Credit Assistance Act
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 family living costs and job‑related fees before they leave, with repayment over 12‑24 months at no more than 6 % interest.
Labor and EmploymentPublic Works and InfrastructureSocial Welfare
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Subjects
Credit Assistance ProgramOverseas Filipino Workers (OFW)
Official sources
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SBN-895 · Sources: BetterGov Open Congress, BatasWatch