OFW financial literacy grads eye business prospects, not jobs in PH amid HK unrest

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HONG KONG - At 54 and married with two children, Teresita Fung looks back at her failed business in the Philippines with a calming laugh, reassuring those who may have been countlessly discouraged in

life that it's never too late - and that one is never too old - to try again.

Fung said she first heard of CARD Foundation Philippines from her siblings who would borrow money from there. She got curious when she saw CARD Foundation Hong Kong on social media, announcing that a seminar on entrepreneurship was going to be held in July and so she signed up for it. Fung is happy with her investments and though she has helped with financing some of her siblings' businesses to get them started, she is happy to see her respective family members with a boosted earning power and successfully running their businesses on their own in Silang, Cavite where the family hails.

While worries over their job security hover amid looming concerns Hong Kong may soon slip into a recession since the handover in 1997, the migrant workers assure they remain safe and sound. But if worse comes to worst, many of them say they are prepared to go back to start their business.

 

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