Portfolio
National Association of Local Self-help Center Loan Program
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Typesloans
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Investment Period4 years (Jan. 2020~ Jan. 2024)
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Amount pledged1,400 mil. KRW
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Fund size1,400 mil. KRW
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Investment PartnersNational Association of Local Self-help Centers of Korea
SVS 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 non-metropolitan 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.
National Association of Local Self-help Centers of Korea’s loan program mainly targets self-help enterprises that have been established for two years and provides loans for assetization, store leasing, and short- and long-term operational funds. Self-help enterprises are work-related welfare system of Korea for people in vulnerable situations.
31 enterprises used this loan program, and 21 (67.7%) among them are serving workers in non-metropolitan areas.