loans Archive

Self-Employment Assistant – Kaunlaran (SEA-K) Program

DEPARTMENT OF SOCIAL WELFARE AND DEVELOPMENT IBP Road, Batasan Hills, Quezon City Program Title: SELF-EMPLOYMENT ASSISTANCE – KAUNLARAN (SEA-K) PROGRAM Program Description: SEA-K Program is a capability building program of the DSWD and local government units which aims to enhance the socio-economic skills of poor families through the organization of community-based associations for entrepreneurial development. [&hellip

Read More…

More members to qualify for SSS educational loans in 2nd sem

The Social Security System (SSS) has widened the field of eligible members for SSS educational loans to help more workers and beneficiaries borrow enrollment funds for college, technical and vocational courses for the upcoming second semester that will start in November. SSS Assistant Vice President for Lending and Asset Management Ma. Luz Generoso said members [&hellip

Read More…

SSS offers higher loans, more flexible terms under new guidelines

Members of the Social Security System (SSS) can look forward to higher salary loan amounts and more flexible terms under the agency’s revised lending guidelines that took effect on December 1, 2012. SSS President and Chief Executive Officer Emilio de Quiros, Jr. said the new guidelines, which were approved by SSS’ governing board called the [&hellip

Read More…

SSS reaches P1-B OFW collection in five months

The Social Security System (SSS) collected a total of P1.07 billion in contributions of overseas Filipino workers during the first five months of this year, up by 13 percent from its P944.75 million collection for the same period in 2011. SSS President and Chief Executive Officer Emilio de Quiros, Jr. noted that key to the [&hellip

Read More…

SSS four-month net revenue jumps 49 percent to P14-B

The Social Security System (SSS) posted a net revenue of P13.96 billion from January to April this year, up by 49 percent from its P9.37 billion income for the same period in 2011 due to strong earnings and prudent management of expenses. SSS President and Chief Executive Officer Emilio de Quiros, Jr. said total revenues [&hellip

Read More…

SSS extends assistance to strife-stricken members in Zamboanga

The Social Security System (SSS) has launched an assistance package to help members in conflict-affected areas in Zamboanga City recover from the losses caused by the strife, a top official said. SSS President and Chief Executive Officer Emilio S. de Quiros Jr said affected members can avail themselves of the package consisting of salary loans, [&hellip

Read More…

Over 25,000 workers in the informal sector to benefit from SSS-ASHI agreement

The Social Security System (SSS) strengthened its campaign to widen SSS coverage among the self-employed and the “hard-to-reach” informal sector after it signed an agreement providing SSS coverage and services to over 25,000 women entrepreneurs of Ahon sa Hirap, Inc. (ASHI) based in southern Luzon and Visayas. SSS President and Chief Executive Officer Emilio de [&hellip

Read More…

SSS opens “Agaton” calamity relief package

The Social Security System (SSS) has announced a new Calamity Relief Package that offers preferential terms for salary and house repair loans and the advance release of three-month pensions for members and pensioners affected by Tropical Depression “Agaton.” SSS Vice President May Catherine Ciriaco, Officer-in-Charge of Lending and Asset Management, said all areas declared by [&hellip

Read More…

Yolanda-hit borrowers and businesses get relief in SSS payments

The Social Security System (SSS) has announced a moratorium on housing and member loan payments and lower interest rates for borrowers in areas devastated by Super Typhoon “Yolanda,” while calamity-stricken employers are given an extended payment deadline for their monthly contributions. The relaxed payment terms for contributions and loans are among the recent enhancements in [&hellip

Read More…

SSS extends deadline of relief package for Cebu, Bohol

The Social Security System (SSS) has extended the original November 29, 2013 deadline for special salary loan terms and advance release of pensions under the SSS Calamity Relief Package to April 30, 2014, giving members and pensioners affected by the 7.2 magnitude earthquake in Central Visayas five more months to file their applications. SSS Officer-in-Charge [&hellip

Read More…