KORIntroduction
The Korea Inclusive Finance Agency (KINFA) is a public institution established under the Microfinance Support Act to support the financial lives of low-income and low-credit individuals, thereby contributing to the balanced development of the economy and society.
KINFA was established to integrate together previously fragmented microfinance services, including those provided by the Smile Microcredit Central Foundation, the National Happiness Fund, and Korea Easy Loan, so that low-income individuals and financially vulnerable groups can access microfinance services more easily in one place.
KINFA provides a wide range of financial services, including microloan support and credit guarantees, as well as non-financial services such as comprehensive counseling, credit and debt management consulting, consulting for sole proprietors, employment support, and financial education. Through these services, KINFA continues to serve as Korea’s central institution for inclusive finance, helping financially vulnerable regain stability and achieve financial self-reliance.