The Filipino Expatriate Livelihood Support Fund, or FELSF, is part of the government’s Financial Assistance and Micro-Finance for Expatriates of the government as a buffer to the effects of the global economic crisis on overseas Filipino workers (OFWs).
The FELSF is an integral component of the OFW reintegration and serves as an economic safety net for displaced OFWS to combat unemployment and provide them and their families with opportunities for self-employment.
Who may avail of a FELSF loan?
OFWs who have contributed to the OWWA Fund (OWWA members) and were terminated from work due to the closure or downsizing of their companies as a result of the 2008 global financial crisis.
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