Finance · 2 sources combined
Interest Payback for Faithful Borrowers
Jeju Expands Program into Second Half
D-5 Deadline November 13 · Korea Microcredit Foundation Website Application Deadline
In short
The Korea Microcredit Foundation and Jeju Province will return interest to borrowers who have faithfully repaid Haetssal Loans (low-interest loans for low-income earners).
The program targets residents who have been repaying for over 1 year and have lived in Jeju for at least 3 years.
Participants can receive up to 600,000 won, plus an additional 50,000 won if they complete financial education.
Visitor info
| How to Apply | Apply on the Korea Microcredit Foundation website |
|---|---|
| Application Period | Until November 13, 2026 |
| Eligible Applicants | Residents who have lived in Jeju Province for at least 3 years and have been repaying policy-based microcredit products for at least 1 year |
Key facts
| When | The application deadline is November 13, and applications are accepted on the Korea Microcredit Foundation website. |
|---|---|
| Who | Residents who have been repaying policy-based microcredit products for at least 1 year and have lived in Jeju Province for at least 3 years are eligible. |
| What | Up to 600,000 won in loan interest will be provided, and an additional 50,000 won will be paid to those who complete financial education. |
| How | Residents who already received support in the first half of the year are excluded from second-half support. |
What it means for me
Jeju residents using policy-based microcredit products can apply for interest support.
Self-employed individuals are eligible for interest support if they meet the conditions.
Those with low income after retirement can also apply if they meet the requirements.
