The Jeonbuk Social Economy Network and SVS were selected as a collective management organizations for the Jeollabuk-do Social Economy Fund in 2021 by the provincial government of Jeollabuk-do.

SVS’ participation as a consortium organization aimed to foster new or early-stage local social finance intermediaries, so the Foundation have provided matching loans to the fund, and provided technical support for the development of local intermediary, Jeonbuk Social Economy Network.

Jeollabuk-do Government planed to create a social economy fund of about KRW 3 billion over five years and selects a management agency every year, and the consortium has been managing the fund since 2021.

In 2023, there were 10 social economy enterprises in Jeollabuk-do benefitted with a loan amount of KRW 526 million. From 2021 to 2023, the cumulative number of enterprises using this program is 30, with a cumulative loan amount of KRW 16 million.