The Social Security System (SSS) has signed its first memorandum of agreement (MOA) for the rollout of the SSS Micro Loan Program, newly branded as SSS LoanLite, in a pioneering partnership with UnionDigital Bank.
The ceremonial signing took place on July 16, 2026, at the SSS Corporate Office in Quezon City, marking a major milestone in modernizing state-backed financial services for Filipino workers.
The SSS LoanLite program is designed to provide fast, accessible, and secure short-term microloans to eligible SSS members. Under the newly inked agreement, the facility will leverage the UnionDigital Bank mobile application to streamline the entire borrowing process.
Members will soon be able to handle both their loan application and real-time loan disbursement entirely through their smartphones, eliminating the need for physical paperwork or branch visits.
“Our partnership with UnionDigital Bank is a testament to our ongoing commitment to providing our members with swift, secure, and convenient access to financial assistance,” said SSS President and Chief Executive Officer Robert Joseph M. de Claro during the signing. “Through SSS LoanLite, we are harnessing the power of digital banking to ensure that financial aid reaches our members exactly when they need it most, without unnecessary delays.”
UnionDigital Bank President and Chief Executive Officer Danilo I. Mojica II echoed this sentiment, highlighting the bank’s dedication to financial inclusion. “We are deeply honored to be the pioneering partner for the SSS Micro Loan Program. By integrating SSS LoanLite into the UnionDigital Bank app, we are bridging the gap in financial accessibility and empowering millions of hardworking Filipinos with secure, on-demand credit at their fingertips.”
The formalization of the partnership was attended by top officials from both institutions who will oversee the program’s strategic implementation. Joining PCEO Mojica from UnionDigital Bank were Chief Lending Officer Vladimir Micic and Business Expansion Lead Michael Lorenzo.
Representing the SSS alongside PCEO de Claro were key agency officials, including Senior Vice President for the International Operations Group Atty. Jonathan Gary T. Jimenez; Senior Vice President for the Lending and Asset Management Group Pedro T. Baoy; Executive Vice President for the Investments Sector Ernesto D. Francisco Jr.; and Vice President for the Corporate Legal Services Division Atty. Joseph Desunia.
Further details regarding the official public rollout date, member eligibility requirements, and borrowing limits for the SSS LoanLite program will be announced in the coming weeks through the official social media channels and websites of the SSS and UnionDigital Bank.
