November 18, 2017
ASKI, Citi Foundation hold financial literacy, basic entrepreneurship training to OFW returnees in Nueva Ecija
The Alalay Sa Kaunlaran Inc. (ASKI), in partnership with Citi Foundation conducted a basic entrepreneurship and financial literacy training for overseas Filipino worker (OFWs) returnees in Nueva Ecija last November 14-17, 2017.

The activity is part of a Citi Foundation-funded project entitled "Promoting Financial Capability and Entrepreneurship with Families of Migrant Workers".

More than 60 OFW returnees attended the two-day seminar-workshop held at the Central Luzon State University Alumni Association Multi-purpose Hall in Science City of Munoz on November 14-15 and Knights of Columbus Hall, Cabanatuan City on November 16-17.

In his opening message in Cabanatuan City, ASKI Group of Companies Inc. President and CEO Rolando B. Victoria shared some success stories of beneficiariesfrom ASKI Global Limited in Singapore who started small businesses for their families and decided to come home for good to be reunited with their families. He also assured them that ASKI is willing to assist and that they should apply the learnings that they gained from the two-day seminar workshop.

To further gauge the knowledge, skills and current financial status of the participants, a baseline survey was conducted. At the end of the project, the participants will undergo an impact assessment to see whether there has been an improvement in their household income and increase in assets and savings.

Among the resource persons in the seminar workshops were Ms. Irma Santos, area manager for Nueva Ecija North, Ms. Elena Velasco, area manager for Nueva Ecija South, Ms. Pamela Diaz, area manager for Nueva Ecija/Aurora areas and Ms. May Garlitos, international relations manager who currently sits on the Board of ASKI Global Limited.

"I am happy to be part of the training initiated by ASKI and Citi Foundation. I was an overseas worker in Saudi Arabia and United Arab Emirates for the past 28 years as an auto mechanic. Now that I am back in the Philippines, I am planning to put up a business similar to the one I worked for since that is my expertise," shared Romulo Dela Cruz, 62 years old from Sibul, Talavera, Nueva Ecija.

Dela Cruz also suggested that a directory of all the participants who completed the training course will be helpful so that they can connect with each other and may link the businesses that they are establishing.

ASKI, through programs funded by Citi Foundation, has been serving OFWs and their families for years to promote financial literacy and entrepreneurship. The programs aim to transform the OFWs and their families into micro-entrepreneurs as well as giving them access to micro-loans to support their plans to grow or set up their own businesses.

The partnership of ASKI and Citi Foundation has benefited hundreds of OFWs in Singapore and their families in the Philippines who have undergone financial education and entrepreneurship trainings. Many have successfully established enterprises that generate enough income to allow these OFWs to come home for good and be reunited with their families.
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