Dubai: Can Filipino domestic workers become the next wave of entrepreneurs in their home country?
Joan Francisco, 30, a nanny here for two years, offers a hint. The mother of one started dabbling in stocks trading three months ago using an online platform.
She sets aside Dh100 per month and invests it in a long-term stocks fund which she hopes would one day fund the college education of her five-year-old child.
Her “classmate” and friend, Christy Guinto, 40, meanwhile, has been a housemaid in Dubai for seven years. Guinto has prepared a business plan to organize a food business in her home province of Pampanga.
They are just two of the 800 domestic workers dabbling in finance and entrepreneurship, through an intensive six-month course offered in cities around the world as part of the Manila-based Ateneo School of Government's (Asog) outreach service called Leadership and Social Entrepreneurship (LSE) programme.