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PROGRAM OBJECTIVE
To promote DBP's OFW remittance program by addressing the desire
of OFWs to provide livelihood opportunities for their families
in the Philippines.
ELIGIBLE BORROWERS
- Overseas Filipino Workers (OFWs) with valid employment contract
of not less than six (6) months.
- The OFW should also have a corresponding working visa and
a specified beneficiary as co-borrower.
- OFWs borrower/co-borrower should have at least a joint monthly
gross income equivalent to P25,000.00 including other determinable/verifiable
income for every unit availed.
LOAN FEATURES
| Amount of Loan : |
Up to P45,000.00 per unit with the following
components to be provided by SMART or other Internet Service
Provider: |
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- Brand New Desktop Computer with Microsoft Operating System and a one-year hardware warranty.
- One year unlimited Smart Bro Internet Connection with speed up to 384 KBPS.
- Streamer and flyers to promote the internet rental service.
- Smart Buddy 3G Cellphone with Smart Load retailer SIM with free P 500 initial load
- Wireless broadband internet connection.
- Maintenance support and after sales service thru SMART's customer care program.
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| Interest : |
Up to 9.0% p.a. (fixed) |
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| Terms : |
Loan payable up to twelve (12)
months in equal monthly amortizations |
FORMS
DBP-SMART OFW iNet Negosyo Application Form
Loan/Customer Application Form
Indemnity Agreement
DBP-SMART OFW iNet Negosyo
Promissory Note
Download Forms
Frequently Asked Questions
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