Gwangju Buk-gu Recognized for Bidirectional Financial Welfare Services... Receives Plaque of Appreciation

[Asia Economy Honam Reporting Headquarters Reporter Kim Yukbong] Buk-gu, Gwangju Metropolitan City (District Mayor Moon In) announced on the 29th that it received a plaque of appreciation from the Korea Social Security Information Service (President Lim Heetaek) in recognition of its efforts in linking interactive financial welfare services.

The "Interactive Financial Welfare Service" is a system supported by the Korea Social Security Information Service's Happy e-um (Social Security Information System) that allows local governments and the Korea Inclusive Finance Agency to mutually refer individuals in need of financial welfare services.

In particular, residents facing financial difficulties such as low-income or low-credit individuals can visit the local administrative welfare center to request counseling, after which the Korea Inclusive Finance Agency provides comprehensive counseling on inclusive finance and loans for inclusive financial products.

Buk-gu signed a business agreement with the Korea Inclusive Finance Agency in 2018 to support the self-sufficiency welfare of financially vulnerable groups and has actively promoted the activation of interactive financial welfare service referrals.

As of last month, the number of financial welfare service referrals was 403, accounting for 32.3% of the nationwide total of 1,249 cases.

Policy funds through referrals amounted to 134 million KRW supported in 12 out of 25 cases nationwide, achieving the top performance in the country.

Mayor Moon In of Buk-gu said, “We will continue to activate the financial welfare functions of the local administrative welfare centers, which are the closest service institutions to residents, so that no resident misses out on using the inclusive finance support system due to lack of awareness.”

This content was produced with the assistance of AI translation services.