Chalssea Kate Echegoyen

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<div><span class="fr-img-caption fr-fic fr-dib" style="width: 960px; display: block;" width="960"><span class="fr-img-wrap"><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/1788765534721Screen Shot 2026-09-07 at 3.18.35 PM.png" style="width: 960px;" class="fr-fic fr-dib" width="960"><span class="fr-inner" style="text-align: left;">SSS headquarters<em>. ABS-CBN News/File</em><br></span></span></span></div><p>MANILA &mdash; The Social Security System (SSS) has launched a new microloan program that allows members to borrow up to P20,000 at an annual interest rate of 8 percent.</p><p>SSS launched the LoanLite program on Sept. 1 as part of its 69th anniversary celebration.</p><p>Finance Secretary Frederick Go said the program has an interest rate equivalent to about 0.67 percent per month and offers shorter repayment terms and a simpler application process.</p><p>The program is intended to provide members with an alternative to high-interest lenders, Go said.</p><div><br></div><div><span style="background-color: transparent;"><strong><u></u>HOW TO APPLY</strong></span></div><div><span style="background-color: transparent;"></span><br></div><div><span style="background-color: transparent;"><strong></strong>SSS members may apply through participating financial institutions, including the UnionBank app and RCBC DiskarTech app.</span></div><div><br></div><div><u><strong>Applicants should:</strong></u></div><ul style="margin-top:0;margin-bottom:0;padding-inline-start:48px;"><li dir="ltr" style="list-style-type:disc;color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre;"><p><u><strong></strong></u>Open the UnionBank app or RCBC DiskarTech app<u><strong></strong></u></p></li><li dir="ltr" style="list-style-type:disc;color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre;"><p><u></u><strong></strong>Select SSS LoanLite or SSS Micro Loan</p></li><li dir="ltr" style="list-style-type:disc;color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre;"><p>Enter their SSS number and other required information</p></li><li dir="ltr" style="list-style-type:disc;color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre;"><p>Check the maximum loan amount and available repayment terms</p></li><li dir="ltr" style="list-style-type:disc;color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre;"><p>Select their preferred loan amount and repayment term</p></li><li dir="ltr" style="list-style-type:disc;color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre;"><p>Agree to the required terms and conditions, disclosures, consent and certifications</p></li><li dir="ltr" style="list-style-type:disc;color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre;"><p>Submit the application and wait for approval<br><br><br></p></li></ul><p>Under SSS Circular No. 2026-005, members may borrow a minimum of P1,000 and a maximum of P20,000.</p><p>The loan limits may be increased subject to prior notice from SSS.</p><p>Applicants must be 18 to 65 years old by the end of the loan term.</p><p>Once approved, the loan proceeds will be credited to the member&rsquo;s account.</p><p>Go said LoanLite aims to provide SSS members with accessible emergency financing while protecting them from predatory lending.</p><div><a href="https://www.abs-cbn.com/news/business/2026/9/1/sss-rolls-out-loanlite-microloan-program-2016">SSS rolls out LoanLite microloan program</a></div><div><br></div><div><strong>RELATED VIDEO</strong></div><div><strong><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/IdPwh9g2tl8?&wmode=opaque&rel=0" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe></span></strong><br></div>

<p>LoanLite aims to provide SSS members with accessible emergency financing while protecting them from predatory lending.</p>

LoanLite aims to provide SSS members with accessible emergency financing while protecting them from predatory lending.

SSS launches 'LoanLite' microloan program: Here’s how to apply

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SSS launches 'LoanLite' microloan program: Here’s how to apply

Rovy Jilyn Fraginal,

ABS-CBN News Intern

Published September 07, 2026 03:27 PM PHT

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Updated September 07, 2026 03:33 PM PHT

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