KINFA Chief Kim Eun-kyung Vows Financial Safety Net With No Setbacks

Visited 18 Microfinance Integrated Support Centers to Engage With Field

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By Lee Seung-bae
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Kim Eun-kyung, chairwoman of the Korea Inclusive Finance Agency and the Credit Counseling and Recovery Service, consults with clients at the Daejeon Inclusive Finance Center on the 12th of last month. Photo courtesy of KINFA - Seoul Economic Daily Finance News from South Korea
Kim Eun-kyung, chairwoman of the Korea Inclusive Finance Agency and the Credit Counseling and Recovery Service, consults with clients at the Daejeon Inclusive Finance Center on the 12th of last month. Photo courtesy of KINFA

Kim Eun-kyung, chairwoman of the Korea Inclusive Finance Agency (KINFA) and the Credit Counseling and Recovery Service, said Monday that "not a single citizen should be left in despair at the threshold of financial access," pledging to "build a financial safety net that embraces not only economic recovery but also psychological stability."

According to KINFA on Monday, Kim has visited 18 of the country's 50 microfinance integrated support centers during the five months since taking office in early January. Kim personally counseled customers visiting the centers to identify policy needs on the ground, and held separate meetings with staff to gather their suggestions.

Kim plans to enhance the completeness of the microfinance policy support system through close communication with the field. "We will build an integrated microfinance support system that allows ordinary citizens to stand on their own feet by combining debt restructuring, financial assistance, and linkages with employment and welfare services," Kim said.

Original reporting by Lee Seung-bae for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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