The average salary for a seaman will depend on the position, employer and the salary guidelines that are set by the Maritime Board, but there is a minimum salary amount of at least 20,000 per month qualifying a lot of Seaman for various Seaman’s Loan program in the Philippines.
Due to the flourishing economy and faster information processing, there are more lending companies who are willing to lend money to OFWs and Seaman.
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