On May 8, Saemaul Geumgo announced that it supplied 93.4 billion won in low-income financial support through three policy loan products—HaetSal Loan, municipal agreement loans, and small business loans—in the first quarter of this year. This amount is similar to the 94.3 billion won provided during the same period last year.
The policy loans from Saemaul Geumgo have shown a continuous increase, with 295.8 billion won in 2023, 312.3 billion won in 2024, and 405.2 billion won in 2025. This growth is seen as a way to strengthen Saemaul Geumgo's identity as a financial institution for the underprivileged while contributing to the increase of sound loans.
Kim In, the chairman of Saemaul Geumgo Central Association, stated, "We are well aware of the growing demands for social responsibility from financial institutions towards vulnerable groups such as small business owners and low-credit individuals. Saemaul Geumgo will continue to make every effort to reduce the financial burden on the underprivileged as a community-focused financial institution."
Additionally, Saemaul Geumgo is committed to practicing inclusive finance by providing emergency loans and repayment deferrals to low-income individuals and small business owners facing liquidity crises due to disasters. The organization has offered substantial financial support to affected customers during disasters, including last year's wildfires in the Yeongnam region and heavy rainfall, totaling 15 instances of financial assistance since 2020.
* This article has been translated by AI.
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