The Korea Social Value and Solidarity Foundation

About The Korea Social Value and Solidarity Foundation
  • Based In: South Korea
  • Markets Active: South Korea
  • Sector: Affordable Housing, Ageing, Arts and Culture, Climate Action and Environment, Employability, Energy, Financial Inclusion, Governance, Health, Livelihood and Poverty Alleviation
  • Beneficiaries: Children and youths, Elderly, Environment, People in poverty, People with disabilities, People with medical needs, People without employment, Women and girls
  • Support Provided: Access to Networks, Coaching and Mentoring of Management, Convenings, Financial Management and/or Accounting, Fundraising and/or Revenue Strategy, Impact Measurement, Operational Management, Research, Revenue Strategy, Strategy Consulting, Trainings

The Korea Social Value and Solidarity Foundation (SVS) was established in January 2019 as the first-ever source of wholesale finance exclusively for the social economy in South Korea, to promote social finance in line with the Korean government’s 2018 policy and foster growth of the Korean social economy. The focus of SVS is on providing patience capital for social enterprises, financing projects with social missions, and fostering social finance intermediaries. The Foundation draws upon donations from the private sector that form the main pool of financial resources it needs. It also cooperates with diverse policy and private-sector funds to provide a wide range of innovative products, including investments, loans and founding capital, to cater to the diverse needs for social finance.

The Korea Social Value and Solidarity Foundation team members on AVPN Connector
  • Jongduk Jung

    Jongduk Jung

    ManagerThe Korea Social Value and Solidarity Foundation