Dunamu Says It Supported 4,122 Young People Facing Debt and Social Isolation
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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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
Korea Economic Daily
hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.