CC has contributed to improving members’ lives through loans of living stability fund, livelihood fund, startup fund, support fund for economic risks and financially alienated social classes, and emergency fund for disaster situations to raise members’ quality of life of and contribute to the economic development of local communities. Most of the generated interest profit has become a source of revenue for local communities and been returned to members..
Types & Procedure
of Loans
CC has provided diverse loan products including the enterprise operation fund that fit the situations of wage earners and sole proprietors.
-
Loan
Consultation
& Credit Check,
Assessment -
Application
Received -
Confirmation
& Deliberation
to Approve -
Loan
Execution
-
34Types of Loans
-
28Types of Household Fund Loans6Types of Business Fund Loans
COVID19
Loan Support
CC has been supporting finances for emergency fund loans and repayment delay for customers of CC who have suffered various damages owing to COVID19.
-
8,295Transactions
-
COVID19
Loan Support -
885.5Billion won
Status of COVID19 Financial Support Provided by CC (as of June 30, 2020)
Index | Number of Transactions | Amount (billion won) |
---|---|---|
Total | 8,295 | 885.5 |
Emergency Fund Loan | 4,646 | 39.8 |
Repayment Delay & Maturity Date Delay | 3,649 | 845.7 |
Policy Fund
Loan
CC, which represents financial services for common people, has been expanding the support of working class loan for financially alienated people and small-scale business owners who are facing difficulties due to economic depression. The support funds are operated together with the government, local government, and public institutions.
-
482,229Transactions
-
Policy
Fund Loan -
5,038.7Billion won
Status of Policy Fund Loan Provided by CC (as of June 30, 2020)
Product Name | Number of Transactions | Amount (billion won) |
---|---|---|
Total | 483,229 | 5,038.7 |
Sunshine Loan | 262,210 | 2,612.7 |
Small Business Support Loan (Small Enterprise Ans Market Service) | 4,597 | 157.3 |
Local Government Policy Fund | 29,588 | 713.3 |
8 Types including Special Loan(Ended) | 186,834 | 1,555.4 |