Busan is good

MG Community Credit Cooperatives Donate 30 Million KRW Worth of Supplies to Senior Welfare Centers to Support Climate-Vulnerable Populations

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Busan Metropolitan City (Mayor Park Heong-joon) announced that, together with MG Community Credit Cooperatives in Busan and the Busan Association of Senior Welfare Centers, it will host a donation ceremony today (July 24) at 2:00 PM in the International Protocol Room at City Hall to deliver supplies to support climate-vulnerable populations.

The event will be attended by the Director General of the Social Welfare Bureau, Park Soo-yong (Executive Director of the Korea Federation of Community Credit Cooperatives), Kim Deok-gyu (Head of the Busan Regional Headquarters), and Lee Hee-bae (President of the Busan Association of Senior Welfare Centers).

On this day, the Busan Regional Headquarters of the KFCC will deliver cooling supplies worth approximately 30 million KRW to six senior welfare centers.

These donated items are part of a social contribution program led by MG Community Credit Cooperatives in Busan and a network of around 1,280 MG branches nationwide. As heat waves pose not just a weather concern but a matter of survival and safety for vulnerable groups, the support aims to help them endure the summer more safely and healthily.

The cooling supplies—air conditioners, fans, summer blankets, and more—will be used to improve the environment of the senior welfare centers and support vulnerable populations.

The six recipient centers are:

• ●Bumin Senior Welfare Center

• ●Dong-gu Comprehensive Senior Welfare Center (Branch)

• ●Ban-yeo Branch of a Senior Welfare Center

• ●Sinpyeong Sarangchae Senior Welfare Center

• ●Geumjeong-gu Senior Welfare Center

• ●Sasang-gu Senior Welfare Center (Branch)

These supplies will help create cooler environments in the centers for the elderly and provide items such as fans and summer blankets to low-income and solitary seniors.

The donated supplies will be delivered sequentially to each welfare center over the course of July.

Meanwhile, MG Community Credit Cooperatives, founded in 1963, are representative financial cooperatives in Korea that carry on the traditional spirit of mutual aid. They aim to improve the quality of life for their members and promote community development.

They play a vital role across various fields such as increasing savings, revitalizing local economies, and supporting the socially disadvantaged. In 2024 alone, they invested 42.8 billion KRW in social contribution efforts, benefiting over 1.06 million individuals and over 33,000 institutions.

Major social contribution programs include:

• ●The “Jomdori of Love” campaign providing rice and daily necessities to vulnerable groups

• ●Housing environment improvements

• ●Meal support programs

• ●Youth housing and scholarship support

• ●Vehicle donation programs

These initiatives are tailored to regional needs.

Notably, MG Community Credit Cooperatives in Busan also donated 10 million KRW to the Busan Social Service Center on July 11 to enhance citizen-focused services.

Jeong Tae-gi, Director General of the Social Welfare Bureau, stated:
“With the climate crisis now a part of everyday life, regional communities must pay close attention and offer support to protect vulnerable populations from heat-related risks. Busan Metropolitan City will continue to work closely with MG Community Credit Cooperatives to strengthen protection programs for these groups.”