MANILA — The Social Security System (SSS) has partnered with the Land Bank of the Philippines to serve as the primary conduit bank for its expanded microloan program, aimed at providing low-interest, accessible financing to informal sector workers, self-employed individuals, and micro-entrepreneurs.
SSS President and CEO Rolando Ledesma Macasaet announced the tie-up on January 13, 2026, highlighting that LandBank’s extensive branch network (especially in rural areas) and experience in microfinance will help reach more SSS members who lack access to traditional banking services.
Key Features of the SSS Microloan Program via LandBank
- Loan Amount: ₱10,000 to ₱200,000 (expandable for repeat borrowers with good repayment record)
- Interest Rate: Subsidized at 6–8% per annum (much lower than market rates for microloans)
- Term: 6–24 months, with flexible repayment aligned to members’ cash flow
- Purpose: Working capital, livelihood projects, small business expansion, emergency needs
- Eligibility: Active SSS members (self-employed, voluntary, informal sector) with at least 36 posted contributions
- No Collateral Required — Signature-based lending with SSS contribution history as primary security
- Target: Reach 500,000 borrowers in the first two years of the expanded rollout
LandBank will act as the disbursing and collecting agent, leveraging its rural banking footprint and digital channels (LandBank Mobile App, ATMs, and partner outlets) to make the program more accessible nationwide.
Macasaet stated:
“Many of our informal sector members are underserved by formal finance. Through LandBank’s reach and expertise in microfinance, we can deliver fast, affordable credit to help them grow their livelihoods and contribute more to social security.”
The program builds on SSS’s earlier pilot microloan initiatives and aligns with the government’s push for financial inclusion under the National Strategy for Financial Inclusion 2022–2028.
Here are some visuals illustrating the partnership — SSS and LandBank logos, micro-entrepreneurs receiving loans, rural branch networks, and program infographics:
A meaningful collaboration to bring financial support to the grassroots — expected to roll out fully in the coming months.