Chairman Lee Eog-weon of the Financial Services Commission attended the memorandum of understanding (MOU) signing event held on October 30 with the financial companies that have pledged to make contributions toward the "miso" microcredit scheme. At the event, Chairman Lee spoke about the significance of contributions made by financial companies as the provision of this alternative microcredit support will be expanded to up to KRW600 billion a year by 2028 from the current level of KRW300 billion a year. With a new "miso" microcredit foundation planned to be set up by NongHyup (NH) Financial Group, the number of "miso" microcredit foundations will be increased to 39 institutions and the number of branches expanded from 168 currently to about 180 by 2027.