Gyeonggi Credit Guarantee Foundation visited a traditional market ahead of Chuseok, listening to merchants’ concerns and promoting both shopping at traditional markets and support for guarantees, as part of its commitment to closely communicating with the local economy.


Gyeonggi Credit Guarantee Foundation announced that on the 11th, Chairman Si Seokjung and Choi Min, Vice Chairperson of Gyeonggi Provincial Council’s Economic and Labor Committee (of the Democratic Party of Korea, Gwangmyeong 2), jointly held the “Chuseok Traditional Market Shopping Event and Guarantee Support Promotion Campaign” at Saemaul Market in Gwangmyeong City.


This event was organized to encourage the use of traditional markets for Chuseok and to examine the management difficulties and support measures needed by merchants on the ground. In particular, the focus was on directly meeting merchants to share the situation of the local business community and finding financial support solutions necessary for small businesses.


Gyeonggi Credit Guarantee Foundation held a traditional market shopping event for Chuseok on the 11th at Saemaeul Market located in Gwangmyeong City. Photo by Gyeonggi Credit Guarantee Foundation

Gyeonggi Credit Guarantee Foundation held a traditional market shopping event for Chuseok on the 11th at Saemaeul Market located in Gwangmyeong City. Photo by Gyeonggi Credit Guarantee Foundation

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Participants first held a meeting with the merchants’ association to listen to difficulties and suggestions arising from market operation. Chairman Si Seokjung and Vice Chairperson Choi Min then discussed practical support strategies for traditional markets and small business owners, based on feedback directly from the merchants. Subsequently, they purchased goods directly at shops within the market.


Gyeonggi Credit Guarantee Foundation also ran a promotional campaign on guarantee support programs and policy financing targeted at merchants, so that small business owners could easily access critical financial support information.


Chairman Si Seokjung of Gyeonggi Credit Guarantee Foundation said, “With Chuseok approaching, I hope many residents will visit traditional markets and help revitalize local businesses. Gyeonggi Credit Guarantee Foundation, together with Gyeonggi Province and the Provincial Council, will continue to closely monitor the challenges facing small businesses and ensure that financial support is provided quickly and effectively when needed.”



Meanwhile, Gyeonggi Credit Guarantee Foundation plans to continue its Chuseok shopping event at Geumchon Traditional Market in Paju on the 15th.


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