Ulsan "Abandoned Bicycles Bring Gifts of Hope and Love"
Ulsan Jung-gu Receives Refurbished Bicycles from Social Enterprise 'Geoma' to Distribute to Vulnerable Groups
On the 5th, an event was held at Ulsan Jung-gu Office where GeoMa, a social enterprise representative, and others delivered 30 refurbished bicycles to vulnerable groups in the district.
View original image[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] A campaign to repair abandoned bicycles to look like new and share them with neighbors in need is taking place in Jung-gu, Ulsan.
The social enterprise 'Geoma,' which runs a bicycle recycling business, is distributing bicycles under the name 'Bicycles of Hope' to those in need among vulnerable groups in the Jung-gu area of Ulsan.
On the morning of the 5th at 10:30 AM, a 'Hope Sharing Recycled Bicycle Delivery Ceremony' for vulnerable groups was held in the Jung-gu Office on the 2nd floor of the district office. Park Tae-wan, the mayor of Jung-gu, Geoma's CEO Choi Young-sam, and auditor Kwon Hyuk-kwae attended and shared a warm moment while delivering bicycles.
These gifts, delivered as if brand new, were once bicycles abandoned without owners for long periods.
The recycled bicycles, collected and repaired by replacing broken parts, transformed into like-new condition, include 28 adult bicycles and 2 children's bicycles, totaling 30 units. Their value is approximately 2 million won.
Jung-gu decided to select hopeful recipients among vulnerable groups in the area to receive the recycled bicycles delivered from Geoma.
Park Tae-wan, mayor of Jung-gu, Ulsan, said, "I hope the Hope Sharing Recycled Bicycles will help low-income families struggling due to the prolonged COVID-19 pandemic," and added, "We thank Geoma for their support so that vulnerable residents do not lose hope."
Geoma was established in April 2012 for the bicycle recycling business and was designated as a social enterprise in August of the same year.
They have created jobs for vulnerable groups by employing four people aged 70 or older and people with disabilities, and are dedicated to social work such as bicycle sales, collecting abandoned bicycles from apartment complexes, on-site repairs, and free inspections.
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- USTR Representative: "Trump and Xi Agree on Goal of Korean Peninsula Denuclearization"
- Experts Are Already Watching Closely..."Target Stock Price 970,000 Won" Now Only the Uptrend Remains [Weekend Money]
Geoma also supported 100 bicycles in 2016. Since 2018, they have signed a business agreement with Ulsan National Institute of Science and Technology (UNIST) and have been providing bicycle repair services to students every Wednesday.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.