Lotte Hi-Mart Donates 10 Million KRW in Independence Support Funds to Children Aging Out of Care

Lotte Hi-Mart announced on the 3rd that it will sponsor 10 million KRW in self-reliance support funds to five young adults who aged out of child protection this year to encourage their social advancement.

[Asia Economy Reporter Lim Chun-han] Lotte Hi-Mart announced on the 3rd that it will sponsor 10 million KRW in self-reliance support funds to five young adults who turned 18 this year and have aged out of protective care to encourage their social advancement. Children aging out of care refer to youths who must leave childcare facilities upon turning 18, according to the Child Welfare Act.

Lotte Hi-Mart plans to continue supporting children aging out of care in the mid to long term, starting with this self-reliance fund donation. The donation ceremony was held at the Community Chest of Korea Sarangui Yeolmae Hall located in Jung-gu, Seoul, attended by Park Chang-hyun, Head of Lotte Hi-Mart Product Division, and Kim Kyung-hee, Head of Social Contribution at the Community Chest of Korea.

Lotte Hi-Mart has been conducting various social contribution activities for marginalized children in local communities. Since 2006, it has continued the "Happy Three Generations Campaign," where employees form sponsorship bonds with children from grandparent-grandchild families. Now in its 16th year, the campaign has supported approximately 1,500 minor grandchildren from grandparent-headed families to date.

A Lotte Hi-Mart official stated, "Interest in and the need for support for the self-reliance of children aging out of care have recently increased," adding, "We will continue to be a strong support for the children who are our future and provide ongoing assistance."

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