Chungnam Shinbo Requests Increased Funding for Seocheon-gun

Completing Visits to 15 Cities and Counties... Full Effort to Support Small Business Owners and Expand Foundation Contributions

The Chungnam Credit Guarantee Foundation concluded its schedule of meetings with 15 cities and counties in Chungnam with a meeting with Seocheon County on the 8th.

On that day, Chairman Kim Du-jung visited Seocheon County Office to explain the 2023 special guarantee achievements for small business owners in Seocheon County and shared the status of special guarantee support for the recovery from the fire damage at the Seocheon Specialized Market, introducing guarantee plans and support directions for local small business owners.

In particular, he encouraged the merchants' resurgence through the opening of the temporary market of the Seocheon Specialized Market, which was damaged by a large fire on January 22.

Chairman Kim presented an analysis showing that the foundation's credit guarantee supply plays a significant role in stabilizing the financial conditions of small enterprises and small business owners in the Seocheon area, and requested continued cooperation.

Along with this, he emphasized the necessity to increase the endowment fund to strengthen the guarantee capacity for the local economy, as the amount of subrogation payments?where debts of small business owners are repaid to banks on their behalf?has increased following the rise in guarantee supply after COVID-19.

Chairman Kim Du-jung stated, “We will do our best to strengthen educational projects that enable small business owners to autonomously develop the capabilities necessary for business operation and to provide essential financial and non-financial support for revitalizing the local economy.”