Almost 2 Million Philippine Pesos Unpaid Loan.

There are over thousand of loan cases across gcc against OFW who didn’t manage to pay their debts on time. A Filipino Overseas Worker From Quezon province who works in Dubai was held from leaving UAE due to his unsettled AED150,000 or Php2.35 million loan. The 71-year-old OFW, was an engineer worked on an Engineering firm. Living in bad debts and zero savings. He suffer from certain medical conditions and lives in shared accommodation in Abu Hail has diabetes that has worsened and caused glaucoma and now has cataract that leads to blindness.

He used to work as a communication engineer in Saudi Arabia in 1983 and stayed in the gulf  country for 20 years until 2003 when he was transferred by the company to Dubai for a project. In 2008, he applied for an AED70,000 or Php949,000 loan from a private bank in Dubai to pay and stop his credit card debts. He revealed that he had up to five credit cards.

Bank Loans

After a year, he failed his duties to pay his debts on time, resulting in an interest pile up and prompting the bank to appoint a collection agency to go after him. In the same year, he had lost his job and was not able to renew his residency visa due to the debt case. In December 2019 he was pressed with criminal case for which he served month long jail time in January 2010.

He was once again jailed mid-2011 when a civil case was filed against him. He also learned that in 2012 a travel has been imposed against him, preventing him to go out of the country without settling the dues.

Although the Philippine Consulate’s Attention-to-Nationals (ATN) was able to help him, there was still a problem because he has to pay the amount that the bank was asking for through a collection agency. According to ATN officer Marco Flores, Cervantes’ case has already sent to the Department of Foreign Affairs of the Undersecretary for Migrant Workers’ Affairs and that he was already aware that he can’t go home due a travel ban imposed against him.