KakaoBank Donates 150 Million KRW to Areumdawoon Foundation

[Asia Economy Reporter Eunju Lee] KakaoBank announced on the 16th that it has donated a total of 150 million KRW to the Areumdaun Foundation.

The funds donated by KakaoBank to the Areumdaun Foundation will be used for the 'Self-Support Enterprise Cheer Project' and the 'Single-Parent Women Family Childcare Support Project' to support self-support enterprises in Gyeonggi Province struggling due to the prolonged COVID-19 pandemic, with 100 million KRW and 50 million KRW allocated respectively.

The 'Self-Support Enterprise Cheer Project' is a project implemented by KakaoBank in collaboration with the Areumdaun Foundation. The donation of 100 million KRW from KakaoBank will be used to support 25 small self-support enterprises in Gyeonggi Province over eight months from May to December next year.

'Self-support enterprises' refer to companies established jointly by two or more low-income individuals to achieve self-reliance, further providing jobs to vulnerable groups, offering necessary services to the local community, and practicing social values. Self-support enterprises selected through screening for emergency support will receive operational expenses such as rent, labor costs, and purchase of goods to support business activities.

A KakaoBank official stated, "We planned donation activities for small business owners and single-parent women families who are experiencing difficulties due to the prolonged COVID-19 pandemic," adding, "We will continue various support activities to fulfill our social responsibilities."

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