Portfolio
Jeju Social Economy Network Self-help Fund
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Typesloan
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Investment Period4 years (Dec. 2023~Dec. 2027)
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Amount pledged150 mil. KRW
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Fund size200 mil. KRW
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Investment PartnersJeju Social Economy Network
The Jeju Social Economy Network, which consists of 55 social economy organizations on Jeju Island, has been selected as an integrated support organization for social enterprises and cooperatives by Jeju Provincial Government and assigned to operate the Jeju Social Economy Support Center since 2015.
Since 2022, the Jeju Social Economy Network has established and operated the Jeju Social Solidarity Fund ‘Jeju Gofang’, a mutual aid project for social economy enterprises in Jeju, and has signed an agreement with SVS to stabilize the growth and operation of the regional mutual aid project.
SVS provided matching fund and technical support to conduct a loan project for social economy organizations in the region from 2024. It is expected to improve access to social finance for cooperatives, village enterprises, and self-sustaining enterprises in Jeju, and contribute to the sustainable growth of social economy organizations and the spread of social values.