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South Korea will provide low-interest loans to small business owners hit by the COVID-19 outbreak Updated: 2020-03-28 09:16:24 KST

Starting April 1st, low-interest loans of 1.five percent will be provided to local small business owners hit by the COVID-19 outbreak.
Those with a select level of credit rating can apply for a loan of up to 8,2-hundred U.S. dollars at 62 Small Enterprise and Market Service centers across the nation.
The date which they can apply differs depending on their year of birth.
Business owners born in an odd-numbered year must apply on odd-numbered datesthose born in an even-numbered year must apply on even-numbered dates.
The system is aimed at shortening waiting time amid a sharp rise in requests for loans, as shown during trial operations that began on Wednesday.
Reporter : jhee@arirang.com
KOGL : Korea Open Government License
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