'Visiting Microfinance' Counseling Bus

'Visiting Microfinance' Counseling Bus

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[Asia Economy Reporter Song Seung-seop] The Microfinance Promotion Agency has disclosed the performance of the "Visiting Microfinance" counseling bus it operates.


According to the agency on the 23rd, the counseling bus started in October 2019 and has traveled approximately 40,000 km nationwide over about three years. It conducted a total of 353 mobile counseling sessions across various locations, providing comprehensive counseling services including 1,899 loan consultations, 3,174 dormant deposit inquiries and payments, 48 welfare consultations, and 140 other service connections, totaling 5,261 cases.


The Visiting Microfinance counseling bus is a system that directly reaches vulnerable groups who need microfinance support but face spatial and temporal constraints that make access difficult. It offers comprehensive counseling services such as microfinance counseling, financial counseling, job placement assistance, and dormant deposit inquiries and payments.


Cooperation with related organizations such as comprehensive social welfare centers, the Housing Management Corporation, and the Anti-Corruption and Civil Rights Commission has also been strengthened. This is to continuously expand mobile counseling so that no one is left out due to lack of knowledge or accessibility to microfinance. The agency plans to further expand mobile counseling services targeting large industrial complexes and isolated military personnel to support potential demand groups with low microfinance accessibility.



Lee Jae-yeon, the director, stated, “Timeliness in providing support at the moment when financial assistance is needed is very important,” and added, “We will actively identify blind spots and expand mobile counseling in various ways.”


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

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