Investment Opportunities for OFWs – A Jollibee Franchise.

Overseas Filipino Workers (OFW) all over the world now have a chance to own or co-own big or small franchised businesses, through payment schemes and acquisitions in terms that are very friendly to them.


Leo Hernandez, a management consultant, business school lecturer and cooperative expert, has come up with an innovative program that would enable OFWs to be come part owners of leading fast food franchise, by investing in any amount that they could afford. Hernandez said, the key to the success of the program is the cooperative approach, because it is the only way of opening the opportunity to small investors while at the same time protecting their investment with ownership certificates.



As an initial goal, Hernandez is now organizing the first coopearative that would buy a Jollibee franchise located in Metro Manila. Hernadez, further said, That the franchise is sure to cost millions of pesos, but “there’s nothing that OFWs could not afford to buy if they would just put up their money together, ambag ambag styles”.



Citing some figures, Hernandez said that 100 OFWs investing in $1,000.00 each could already generate close to 5 Million peso. He said that this could have a multiplier effect, according to him since it would be very easy to add more OFW investors to the original 100, because of the security given by the ownership certificates.



Hernandez, further said that being a part owner of a Jollibee franchise is definitely better and safer investment compared to owning a tricycle or taxi, which is usually the choice of the returning OFWs, who come home without investment plan. “That is basically our appeal, our ability to channel their hard earned money into investment that have more chances of earning, and therefore with lesser chances of failure”, Hernandez added.


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