Portfolio

Funding Social Enterprises
BAND Social Enterprise Loans
  • Types
    Loan
  • Investment Period
    6 years (Jan. 2020~Jan.2026)
  • Amount pledged
    1,500 mil. KRW
  • Fund size
    1,500 mil. KRW
  • Investment Partners
    BAND Foundation

SVS Foundation works with social finance intermediaries to support lending to social economy enterprises by jointly developing social finance-specific products that address blind spots in institutional finance, such as loan programs for non-metropolitan area social economy enterprises and network associations.

We support differentiated loans that reflect the needs of intermediaries in terms of loan targets, limits, and uses of funds, and contribute to the expansion of the social finance ecosystem and the growth of various social economy organizations.

SVS provided Interest-free loans to intermediaries, such as BAND Foundation, mutuals of SE actors, and then the intermediary provides long-term, low-cost financing to social economy enterprises. As of Dec. 2023, BAND lend to 31 enterprises and among them, 28 are working in non-metropolitan regions (76.1%).