KB Asset Management Supports First Steps for Low-Income Prospective Elementary Students

KB Asset Management is supporting the first steps of children from low-income families in the new year by providing school backpacks.

On the 21st, KB Asset Management announced on the 22nd that it signed an agreement with the Milal Welfare Foundation at its headquarters in Yeouido, Seoul, to support school backpacks for low-income elementary school students. The signing ceremony was attended by Kim Young-sung, CEO of KB Asset Management, and Jung Hyung-seok, Executive Director of the Milal Welfare Foundation.

The event was held with the purpose of delivering warm social interest and hope to children from low-income families who are about to enter elementary school.

The backpack support project for low-income elementary students will continue until March this year. KB Asset Management will provide gift sets consisting of backpacks and congratulatory cards for school admission to the Milal Welfare Foundation. These gift sets will be distributed to 180 students entering elementary school this year through local welfare centers and single-parent associations.

KB Asset Management has been actively promoting the value of coexistence by continuously conducting support projects for neighbors in need of care, such as supporting youth in welfare blind spots, children with developmental disabilities during growth, and volunteering for meal services for elderly people facing food insecurity.

In June last year, as part of the ‘Hope Dream Project for Vulnerable Children and Youth Preparing for Independence,’ KB Asset Management conducted mentoring classes and career experience programs in collaboration with Dongmyeong Child Welfare Center, a child care facility.

Kim Young-sung, CEO of KB Asset Management, said, "I hope this will be a warm encouragement to children taking their first steps into a new life by entering school." He added, "We will continue to carry out social contribution activities so that children, the protagonists of the future generation, can grow up healthy and hopeful."

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