Woori Bank announced on October 24 that it has provided a total of 130 million won to 10 social economy enterprises through the '2025 Woori Impact Challenge' program, which it launched in collaboration with the Korea Social Enterprise Promotion Agency.
On October 22, Woori Bank held a performance sharing event at the Korea YMCA to discuss the achievements of the participating companies and future collaboration plans.
The Woori Impact Challenge aims to identify social economy enterprises that provide jobs and services to vulnerable groups, supporting solutions to community issues and the creation of social value.
Last December, Woori Bank selected 10 social economy enterprises in sectors such as agriculture, food, care, environment, and employment for people with disabilities, providing up to 20 million won in funding per company.
As a result of this initiative, the total number of employees at the 10 participating companies increased by six, including new hires from vulnerable groups. Woori Bank plans to share business achievements and operational know-how among the participating companies and expand collaboration opportunities.
A Woori Bank official stated, "We will continue to support social economy enterprises that lead the way in assisting vulnerable groups and solving social issues, ensuring their stable growth."
* This article has been translated by AI.
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