Ediya Coffee Awards Scholarships Worth 174 Million KRW to Franchise Owners' Children

At the '2020 Ediya Franchisee Children's Campus Hope Fund' award ceremony held on the 8th at the Ediya Building on Nonhyeon-ro, Seoul, Moon Chang-gi, Chairman of Ediya Coffee (first on the left), awarded a scholarship to Lee Ho-yeon (center), the daughter of the franchisee of Ediya Coffee Byeollae Dongbu Branch (first on the right).

[Asia Economy Reporter Choi Saeng-hye] Ediya Coffee announced on the 8th that it held the ‘2020 Ediya Franchisee Children Campus Hope Fund’ award ceremony at its headquarters on Nonhyeon-ro, Gangnam-gu, Seoul.

The Ediya Franchisee Children Campus Hope Fund is one of the franchisee win-win policies. Ediya Coffee provides scholarships of 2 million KRW per person annually to franchisee children who enter university. This year, a total of 174 million KRW in scholarships was awarded to 87 children of 85 franchise store owners on this day. Over the past five years, Ediya Coffee has provided a total of 800 million KRW in scholarships to 400 franchisee children.

In addition, Ediya Coffee operates various franchisee support programs such as the 'Ediya Mate (part-time worker) Hope Fund,' 'Long-term Store Operation Franchisee Award,' and 'Customer Service Excellence Store Award.' Recently, to support franchisees struggling due to the spread of the novel coronavirus infection (COVID-19), it waived royalties for two months and provided two boxes of coffee beans free of charge, supporting approximately 2.5 billion KRW in total.

At the award ceremony, Moon Chang-gi, Chairman of Ediya Coffee, said, “We congratulate the franchisee children who are starting anew toward their dreams by entering university, and hope that all Ediya franchise stores nationwide will overcome the difficulties caused by COVID-19 as soon as possible.” He added, “The headquarters will continue to implement various franchisee win-win policies.”