Enhancing the capacity of migrants as partners in economic development
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Brief description of the initiative
This Project has build and enhance the capacity of overseas Filipino workers (OFWs) to plan and organize their eventual return (and reintegration), harness their skills and resources, and contribute to the development of the local economy in their home country.
Results and lessons learned
Within the framework of this project, various education seminars and training events were conducted in the five countries which included specialized education seminars such as Financial Management and Training of MSAI trainers.
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Main objectives
This Project has build and enhance the capacity of overseas Filipino workers (OFWs) to plan and organize their eventual return (and reintegration), harness their skills and resources, and contribute to the development of the local economy in their home country.
Country
Main activities
The partners aimed to motivate and mobilize migrant workers to save, invest and help build local enterprises that will eventually create jobs, generate incomes, and help secure decent living conditions for themselves and their community. At the core of this project is the award-winning strategy Unlad Kabayan pioneered in the Philippines: 'Migrant Savings for Alternative Investment for Community Development and Reintegration' (MSAI-CDR). MSAI-CDR mobilizes the resources and capacities of migrant workers and channels them towards community development. The objectives were achieved through conducting local and international information campaigns during which free seminars and training on rights, economic dynamics, financial management, savings, and social entrepreneurship will be offered to OFWs and their families. Savings groups were organized to encourage migrants to regularly set aside a portion of their income and, for those who want to establish their own businesses, technical assistance were provided.
Main beneficiaries
The main beneficiaries are overseas Filipino Workers and their home regions in the Philippines.
Project Pictures
There are no pictures for this project yet.
Project Documents
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This research paper investigates the process of shaping the role of migrant domestic workers as actors in local economic development (LED).
The analysis looks at the use of microfinance as a strategy for collective action, discussing current practices of migrant workers that hint at their potential as actor in LED, as well as their motivations in supporting LED in their origin communities.
The paper demonstrates how local government, NGOs and CBOs in local communities can be similarly involved as LED actors, proving that migrant workers alone cannot be studied and that non-migrants should also be taken into account, together with the broader development context in which migration takes place.
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This guide gives some knowledge on how to instil in Filipino migrants the concept of managing remittances by asserting their development perspectives. This intervention complements the CFMW strategy of resourcing the migrants as a pillar towards advocating the rights of migrants and to increase migrant capacities to contribute to social and economic development of their communities/countries of origin.
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The partners of project P-067 present their work on mainstreaming 'Migrant Savings for Alternative Investment' (MSAI) in the Philippines, the Netherlands, Switzerland, the United Kingdom, Greece, South Korea and Hong Kong.
Mainstreaming MSAI
Philippines, Netherlands, Switzerland, United Kingdom, Greece, South Korea, Hong Kong