Portfolio
BAND Social Enterprise Loans
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TypesLoan
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Investment Period6 years (Jan. 2020~Jan.2026)
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Amount pledged1,500 mil. KRW
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Fund size1,500 mil. KRW
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Investment PartnersBAND 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%).