Marcos opens emergency loans for SSS members

A man with glasses wearing a light-colored shirt, sitting indoors and speaking directly to the camera.

PRES. FERDINAND MARCOS JR – SCREEN GRABBED FROM HIS DEC. 18, 2025 VIDEO POST/FACEBOOK

President Ferdinand Marcos Jr. on Thursday announced that qualified members of the Social Security System (SSS) may avail themselves of an emergency loan with a 7 percent annual interest rate and a six-month moratorium.

“You may use this loan for your needs, especially in emergencies, as I mentioned—this is what you can avail of from the SSS,” Marcos said in a video posted on his social media accounts.

“I am continuously coordinating with the SSS to find various ways to provide safer and fairer alternatives to microloans and emergency loans,” he also said.

In November, Marcos declared a state of national calamity after the widespread damage caused by Typhoon Tino (international name: Kalmaegi).

The proclamation enables government agencies to draw from emergency funds and fast-track the procurement of essential goods and services for typhoon victims.

“Because of the scope of the problem areas that have been hit by Tino and will be hit by Uwan, there was a proposal from the National Disaster Risk Reduction and Management Council (NDRRMC)—which I approved—that we will declare a national calamity,” the President told reporters after presiding over a situation briefing at Camp Aguinaldo in Quezon City.

“Because many regions have been affected, almost 10 regions, and 10 to 12 will be affected by Uwan… if that many areas are involved, with that kind of scope, then it’s a national calamity,” he added in a mix of Filipino and English.

The emergency loan is part of the government’s effort to provide financial relief to Filipinos affected by typhoons in multiple regions.

Marcos emphasized that the measure aims to give citizens access to support during natural disasters while ensuring safer alternatives to high-interest loans.

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