Saemaul Geumgo Central Association is set to expand financial support for social economy organizations in partnership with Korea Evaluation Data (KODATA). The initiative aims to enhance financial accessibility and strengthen risk management by utilizing corporate data for credit assessments and post-loan monitoring.
On September 21, Saemaul Geumgo announced that it has signed a 'Database Utilization Agreement' with KODATA.
This agreement is part of the '2030 Regional Regeneration & Social Solidarity Financial Package' initiative promoted by the Saemaul Geumgo Vision 2030 Committee.
Under the agreement, KODATA will provide data related to socio-economic enterprises, which Saemaul Geumgo will use in managing credit products. The plan includes identifying small businesses with growth potential and applying the data to enhance post-loan monitoring and early warning systems. A new evaluation model reflecting social value creation performance will also be introduced.
A Saemaul Geumgo official stated, "Through this agreement, we will broaden financial accessibility for social economy organizations while strengthening credit risk management using data."
* This article has been translated by AI.
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