COVID-19 PH Crisis Response: Where to Ask Financial and Loan Assistance?

The Enhanced Community Quarantine (ECQ) in most locations in the Philippines undoubtedly impacts the nations’ economy. A lot of businesses have shut down, or are momentarily closed, resulting in surging unemployment rate and loss of income sources. Whether your purpose is to feed your daily needs while on home quarantine or to recover from and continue business or personal operations after the lockdown, it pays to know where to seek aid.

Read on to see the list of the Philippine government agencies that offer financial and loan assistance to qualified members or beneficiaries:

1. Department of Social Welfare & Development (DSWD)

The Philippine Government’s Budget and Management Team handed approximately Php199.98 billion to the DWSD for distribution. The budget is primarily intended for the “poorest” households in the country basing on the Social Amelioration Program of the Bayanihan to Heal As One-Act.

Amount and Eligibility:

A. Qualified households as determined by the DSWD –  Php 5,000 to Php8,000 for up to two (2 months, based on the prevailing minimum wage rates in the location where the family is in. The amount of the subsidy will also take into consideration the existing cash assistance regularly received by the 4Ps beneficiaries.

B. Public and Private Health workers who may contract severe COVID-19 infection while in line of duty-  Php100,000.00

C. Public and Private Health workers who may die while fighting COVID-19 infection while in line of duty – Php 1,000,000.00

Application Process: 

Reach out to your local barangay officials.

Reference: RA 11469

2. Social Security System (SSS)

A. Calamity Loan – SSS recently announced that the agency has set aside Php20.4 billion to accommodate SSS members affected by COVID-19. Staring on April 24, 2020 until further notice, they would offer calamity loan to its members.

Amount and Eligibility:

Maximum of Php 20,000.00, or equivalent to one-month salary credit. Payable for 24 months.

Apply through the SSS website or mobile app (freely download it from Google Play or I-store app).

  • Member has paid at least 36 monthly contributions, six of which are posted within the last 12 months before the month of loan application
  • Home address or property at an area declared under the State of Calamity
  • Has not availed of any of these SSS benefits: total permanent disability, retirement, or death
  • Has no outstanding SSS Loan Restructuring Program or Calamity Loan Assistance Program

B. For OFW members: May assign a representative to file their SSS calamity loan application. Additional documents from OFW-borrowers are:

  • Authorization letter
  • Printed scanned copies of the OFW’s valid IDs plus original valid IDs of the authorized representative

C. Small Business Wage Subsidy (SBWS) Program

  • compliant with BIR and SSS regulations
  • not listed in BIR’s Large Taxpayers Service
  • temporary closed / suspended operations or required to operate only with skeletal workforce

How to Apply? Check this page (SSS Inquiries) for detailed information on the application process.

For more inquiries:

  • Inquire at the nearest SSS Branch
  • SSS Call Center hotline: 920-6446 to 55
  • Email:

D. Salary Loan

Amount and Eligibility:

One month’s worth of salary.

All currently employed, currently contributing self-employed or voluntary member.

  • For a one-month loan, the member-borrower must have thirty-six (36) posted monthly contributions, six (6) of which should be within the last twelve (12) months prior to the month of filing of the application.
  • For a two-month loan, the member-borrower must have seventy-two (72) posted monthly contributions, six (6) of which should be within the last twelve (12) months prior to the month of filing of the application.
  • The member-borrower whose employer must be updated in the payment of contributions.
  • The member-borrower has not been granted the final benefit, i.e., total permanent disability, retirement, and death
  • The member-borrower must be under sixty-five (65) years of age at the time of application
  • The member-borrower has not been disqualified due to fraud committed against the SSS.

Check this page for detailed information on how to apply: SSS Salary Loan

3. Government Service Insurance System (GSIS)

Amount and Eligibility:

Up to P20,000

How to Apply? Email the following to GSIS:

  1. Duly accomplished Emergency Loan Application form which is downloadable from the GSIS website.
  2. GSIS Unified Multi-Purpose Identification (UMID) card or temporary eCard.

4. Department of Labor and Employment (DOLE)

A. DOLE-AKAP for OWFS – For displaced land-based and sea-based Filipino workers due to the COVID-19.

Amount and Eligibility:

One-time cash assistance of $200 or Php 10,000.00 or it’s equivalent to the local currency of the host country (where the OFW is currently based).

Check this Department Order 212 for complete guidelines on eligibility.

B. COVID-19 Adjustment Measures Program (CAMP) – for workers in the private establishments whose employment suffers due to the COVId-19 pandemic, such as:

I – Retained Workers who do not receive regular wage

II- Suspended Workers

Amount and Eligibility:

One time lump sum amount of Php 5,000.00

featured photo from HOW OMG

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