Chairman Won Youngjun of Korea Credit Guarantee Foundation: "Actively Supporting Diligent Repayers' Rechallenge"

'New Start Fund Diligent Repayer Rechallenge Education' On-site Meeting
"Strengthening Customized Support Based on Field Feedback"

The Korea Credit Guarantee Foundation announced on the 1st that it held an on-site meeting for the "New Start Fund Diligent Repayer Rechallenge Education" at Easy Study in Bucheon, Gyeonggi Province on the 29th of last month.

The Korea Credit Guarantee Foundation held an on-site meeting for the "New Start Fund Diligent Repayers' Rechallenge Education" at Easy Study in Bucheon, Gyeonggi Province on the 29th of last month. Korea Credit Guarantee Foundation

This meeting was organized to verify the effectiveness of the self-employed business owners' rechallenge policy and to reflect real-world feedback in policymaking. Since last year, the foundation has been operating rechallenge education programs for diligent repayers. Through a total of 12 hours of in-person education, covering six subjects including finance, accounting, and marketing, the program supports the practical business skills needed for management. Graduates of the program are provided with tangible financial and policy benefits, including: eligibility to apply for special guarantee support for rechallenge through local credit guarantee foundations, additional principal reduction for the New Start Fund, and one-on-one customized consulting.

The meeting was attended by Won Youngjun, Chairman of the Korea Credit Guarantee Foundation, program managers, instructors, and more than 30 self-employed business owners who participated in the education. They reviewed the outcomes of the program and shared their experiences and challenges faced during the process of restarting their businesses.

Chairman Won stated, "The effort to diligently repay itself is a strong expression of hope for a new start and the starting point for a fresh leap forward." He added, "As a reliable partner for self-employed business owners, the foundation will continue to expand effective rechallenge support for diligent repayers." He continued, "We will do our utmost to further strengthen customized support based on feedback from the field, enhance the quality of education and consulting, and ensure that the business recovery and successful restart of self-employed business owners lead to tangible results."

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