Korea Rural Community Corporation Returns 4 Months' Salary to Support Underprivileged Groups in Changwon

Donation of 5.2 Million Won Collected from Executive Staff Salaries to Changwon City

The Changwon branch of the Korea Rural Community Corporation donated 5.2 million won in cash to Changwon City on the 22nd to support low-income households in the area. (Photo by Changwon City)

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Choi Hyun-joo] It has been reported that executive-level employees of the Korea Rural Community Corporation Changwon Branch voluntarily collected four months' worth of salaries to be used to help the underprivileged in Changwon, adding warmth to the community.

On the 22nd, Changwon City in Gyeongnam announced that the Korea Rural Community Corporation Changwon Branch donated 5.2 million won in donations for low-income families in the area.

This donation was raised by 154 executives and department heads of the Korea Rural Community Corporation who returned part of their salaries over four months, collecting a total of 184.43 million won to support vulnerable groups in rural areas. The funds will be distributed to 25 local governments. In the case of Changwon City, 100,000 won will be provided to 52 households.

Prior to this executive-level fundraising, the Korea Rural Community Corporation employees collectively donated funds for COVID-19 relief, and have continued sharing by delivering lunchboxes and distributing kimchi in rural areas to support vulnerable groups.

Additionally, the corporation is reducing rent by 30% for six months for 586 small business owners and SMEs leasing properties owned by the headquarters, expanding advance payment rates to SMEs, and making various efforts to revitalize the local economy, such as extending contracts without imposing liquidated damages.

Park Chan-hee, head of the Korea Rural Community Corporation Changwon Branch, said, “During these difficult times marked by the prolonged COVID-19 pandemic and natural disasters, I hope this sharing by our executives and employees will bring a small hope to struggling families. We will continue various efforts to support vulnerable groups and revitalize the local economy.”

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