Daechung Small and Medium Business and Agriculture-Fisheries Cooperation Foundation - Hanssem, Agreement to Contribute 500 Million Won to Win-Win Fund

On the afternoon of the 5th of last month, the area around Igil-ri, Dongsong-eup, Cheorwon-gun, Gangwon Province was submerged due to repeated heavy rains. Photo by Yonhap News

[Asia Economy Reporter Moon Hyewon] The Foundation for Large, Small, and Medium Enterprises and Agriculture-Fishery Cooperation and Hanssem announced on the 3rd that they have signed an agreement to contribute 500 million KRW to the Rural Coexistence Cooperation Fund (hereinafter referred to as the Coexistence Fund) to support residents affected by flood damage caused by the monsoon season.

The Cooperation Foundation and Hanssem plan to provide emergency support through the Coexistence Fund to residents in special disaster areas affected by floods (Gangwon-do, Gyeongsangnam-do) who are suffering from double hardships due to the longest monsoon floods and the resurgence of COVID-19.

The Cooperation Foundation is conducting projects such as agricultural product purchase support, daily necessities support, and gift certificate purchase using the Coexistence Fund.

Hanssem supports residential environment improvement projects by providing furniture and interior services for residents and local small business owners who lost their homes and livelihoods due to the flood damage. Additionally, to address the increased need for hygiene management after the monsoon and to prepare for the spread of COVID-19, they plan to support home care 'Disinfection and Sterilization Care.'

Kim Sooncheol, Secretary General of the Cooperation Foundation, said, “We appreciate Hanssem’s decision to support rural areas going through difficult times due to flood damage and COVID-19,” and added, “We hope this will lead to expanded voluntary participation by companies.”

Kang Seungsu, Chairman of Hanssem, said, “Through this contribution to the Coexistence Fund, we hope that residents in rural areas suffering from the double hardships of flood damage and COVID-19 can regain their livelihoods and return to healthy daily life,” and added, “Hanssem will continue to fulfill its social responsibilities based on coexistence and mutual growth.”

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