KORInclusive Loan Support
Providing low-interest startup, operating, and living expense funds through direct loans and microcredit programs to support small business owners and financially vulnerable.
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- Illegal Private Finance Prevention Loan Up to KRW 1 million (Annual interest rate: up to 12.5%)
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For individuals who are unable to access formal finance, including loans from licensed moneylenders, and may otherwise be exposed to illegal private lending.
※ Interest rate for socially vulnerable groups: 9.9% per annum
※ Interest rate for repeat borrowers: 4.5% per annum
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- Smile Microcredit Living Expense Funds for the Financially Vulnerable Up to KRW 5 million (Annual interest rate: up to 4.5%)
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Living expense loans
For financially vulnerable groups, including unemployed young adults aged 19–34, young adults within one year of starting employment or a business, loyal Smile Microcredit users, and other eligible individuals.
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- Smile Microcredit Startup and Operating Funds Up to KRW 70 million (Annual interest rates: 4.5%)
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Startup and business operating loans
For low-credit individuals, recipients of basic livelihood security benefits, near-poverty groups, and other eligible applicants.