ABOUT Korea Social Value and Solidarity Foundation
NOTICE 2023. 02. 06. 02:11
ABOUT SVS
The Korea Social Value and Solidarity Foundation (SVS) was established in January 2019 as a part of the Korean government’s ‘Social Finance Promotion Strategy (announced on February 2018) with the design of wholesale finance institution exclusively for the social economy in South Korea.
The foundation’s theory of change is building more sustainable and equitable society in Korea by providing patient capital for businesses with social values, including social enterprises, cooperatives, self-help, and community-based enterprises.
We also support to build social finance ecosystem by identifying and fostering social finance intermediaries (SFIs), encouraging and expanding the spectrum of social investors, and advocating and researching for more vibrant Korean social finance market.
As an active social investor and ecosystem builder, SVS will continuously work with all partners and actors trying to make a valuable change in their communities and the world.
FIVE STRATEGIES TO ACHIEVE OUR MISSION
Provide social finance to social economy enterprises in the form of investment, loans, guarantees, etc. through social finance intermediaries
Support socially valuable projects by providing investments, loans, guarantees, or mixed form of finance.
Foster social finance intermediaries through training, consulting, mentoring, investing, etc.
Research and advocate for strengthening Korean social finance ecosystem
Raise awareness on social value and social economy through various events, forum, etc.
PUBLICATIONS IN ENGLISH
PARTNERSHIP
SVS cooperates with organizations that are involved in the global promotion of social economy and impact investing.
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| Global Social Economy Forum | Asia Venture Philanthropy Network | Global Steering Group for Impact Investing |
PEOPLE
Board Members
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| Rev. Kyong Yong Song, former chairperson, Seoul Social Economy Network | Mr. Hakyang Park, former executive director, Korea Credit Guarantee Fund | Ms. Jeonghee Kim, Chairperson, Icoop consumer cooperative group |
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| Mr. Cheongwan Namgung, Director, National Credit Union Federation of Korea | Ms. Miyoung Lee, CEO, Fairtrade Korea | Mr. Hyunmin Lee, Executive Director, Jeonbuk Regional Development Cooperative |
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| Mr. Won O Chong, Mayor, Seongdong District, Seoul | Mr. Sanggeun Lee, CPA, Ilshin Accounting Cooperation | Mr. Young Kim, Secretary General, Association of Korean Local Governments for Social and Solidarity Economy |
Team
Rev. Kyong Yong Song, President
Mr. Chonghoon Kim, Director, Impact Financing
Mr. Wonho Nam, Senior Manager, Impact Financing
Mr. Junghwan Park, Senior Manager, Impact Financing
Ms. Jiyeon Jang, Director, Management and Planning
Ms. Mihee Kang, Senior Manager, Administration
Ms. Youkyung Suh, Senior Manager, Communications
Ms. Jinkyung Choi, Senior Manager, International Relations