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Dunamu Says It Supported 4,122 Young People Facing Debt and Social Isolation

Source
Korea Economic Daily

Summary

  • Dunamu said it has supported 4,122 young people over the past three years through the Upbit Next Series.
  • The company said the Upbit Next Series: Didim program provided financial consulting and living and basic-expense loans to 936 young people undergoing debt restructuring.
  • Dunamu said participants who received support repaid an average 75.8% of their loans.

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Photo: Dunamu
Photo: Dunamu

Dunamu, the operator of Upbit, said on Aug. 12 that it has supported 4,122 young people over the past three years through its Upbit Next Series program. A flagship initiative is Upbit Next Series: Didim.

The program offers financial consulting and loans for living and basic expenses to people under 39 who are undergoing debt restructuring through the Credit Counseling and Recovery Service. A total of 936 people received support through the initiative. Participants repaid an average of 75.8% of their loans.

Dunamu said it will continue helping young people break free from debt and return to society as healthy members of the community.

Park Si-on, Hankyung.com reporter ushire908@hankyung.com

#Youth Financial Support
Korea Economic Daily

Korea Economic Daily

hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.

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