Ercof is pioneering the introduction of alternative investment directions for remittances so that this leads to benefits to overseas Filipinos, families of overseas Filipinos, and to local rural economies in the Philippines.
Overseas Filipinos and Hometown Development: A four-country European Roadshow 4-13 November 2005, Luxembourg, Belgium, Switzerland and the Netherlands (pdf-944Kb right-click and choose Save Link As...)
Enhancing the Efficiency of Overseas Filipino Workers' Remittances Manila: Asian Development Bank, 2004 (pdf-708Kb right-click and choose Save Link As...). A groundbreaking project that looked at almost the complete landscape about remittances of overseas Filipinos. A feature here is a nationwide survey of remitters and remittance-receiving families.
Tapping Filipino Migrant Remittances for Local Economic Development: Case Studies, Issues and Recommendations for Policy Consideration (commissioned by the Ateneo de Manila University-based Center for Social Policy) (pdf-629Kb right-click and choose Save Link As...)
Tapping Filipino migrant philanthropy for local economic development: presented at a 2006 international conference on migration and development organized by the International Network of Alternative Financial Institutions (INAFI) - Asia and the Philippines (pps-481Kb right-click and choose Save Link As...)
The Migrantrepreneur (pdf-513Kb right-click and choose Save Link As...)
The Philippine experience in transforming remittances for development purposes by Dr. Federico Macaranas (Asian Institute of Management) (pdf-397Kb right-click and choose Save Link As...)
Migrantrepreneur article on the Pinoys (right-click and choose Save Link As..) in the Netherlands and Luxembourg who have invested in the rural banks of Milamdec Foundation
Memorandum of Agreement between RBAP and ERCOF (pdf-221Kb right-click and choose Save Link As..)
Rural bankers tie up with NGO in tapping OFWs, an article in Business Mirror by Dennis Estopace (pdf-31Kb right-click and choose Save Link As..)
OFW Money flows to the countryside, a presentation by Atty Ding Bagasao at the 2005 RBAP Conference, Davao City (pdf-53Kb right-click and choose Save Link As..)
Data on Overseas Filipino Workers and Remittances (pdf-15Kb right-click and choose Save Link As..)
The Role of Rural Banks as MFIs in Remittances, a presentation of former RBAP president Senen Glorioso in an ADB Forum (pdf-451Kb right-click and choose Save Link As..)
LGU Bonds through overseas Filipinos (pdf-114Kb right-click and choose Save Link As..)
Johnny Villanueva of Preferred Ventures' presentation (pps-2.9Mb right-click and choose Save Link As..)
LGU Bonds as a Viable Investment Alternative (pps-501Kb right-click and choose Save Link As..)
Financial Planning Services
Get personal financial planning information and assistance. Check Frequently Asked Questions (FAQs).
Rationale for Personal Financial Planning Services
Many Filipinos have resorted to overseas employment as a solution to the survival of their families in the Philippines. Thus, promoting the idea of savings may be quite difficult, especially when a substantial portion of the earnings of many OFWs are already allocated for basic needs such as food, shelter, clothing and education. Whatever may remain goes to the OFWs own needs, or may be saved for emergencies, and ironically, luxury items.
Inquire about linking to community-based financial services and programs. Check Frequently Asked Questions (FAQs).
ONSITE (To be updated soon.)
Rationale for Business Services
Reintegration. Many Overseas Filipino workers (OFWs) dream about investing part of their earnings or savings, in a business venture that could be their main, if not the only, source of income when they return to the Philippines after a long absence. There are also many, who while still working or living abroad, send money to the Philippines as starting capital for a small business venture that they expect would be a source of income for their dependents or relatives, who are expected to manage the business and in the process become self-reliant and less dependent on them for support.
Questions may be asked either by email, during an online discussion, or by post. Those without access to a computer may seek the assistance of any of ERCOF's focal or participating organizations in the different countries listed in our links page.
The website contains a discussion on specific Philippine legal issues that surveys have indicated to be the most frequently asked or encountered by overseas Filipinos. This section also includes questions or cases actually brought up in counseling sessions or asked online, and the responses or opinions offered by ERCOF legal pool who are specialists in various legal fields. Go to FAQ page.
Development Approach
