Social entrepreneurs are offering the defector community something rare: opportunities that are tailored for the difficulties they face in their lives. And with a business model focused on North Koreans, this kind of entrepreneurship is providing an alternative to the intense world of South Korean capitalism.
Kim Jeong-tae is CEO of an "impact investing" and consulting company, Merry Year Social Company (MYSC). MYSC invests in two social enterprises related to North Korean defectors - investments that other companies tend to avoid because of the low short-term return on investment.
Social entrepreneurs are offering the defector community something rare: opportunities that are tailored for the difficulties they face in their lives. And with a business model focused on North Koreans, this kind of entrepreneurship is providing an alternative to the intense world of South Korean capitalism.
Kim Jeong-tae is CEO of an "impact investing" and consulting company, Merry Year Social Company (MYSC). MYSC invests in two social enterprises related to North Korean defectors - investments that other companies tend to avoid because of the low short-term return on investment.
Try unlimited access
Only $1 for four weeks
-
Unlimited access to all of NK News: reporting, investigations,
analysis
-
Year-one discount if you continue past $1 trial period
-
The NK News Daily Update, an email newsletter to keep you in
the loop
-
Searchable archive of all content, photo galleries, special columns
-
Contact NK News reporters with tips or requests for reporting
Get unlimited access to all NK News content, including original reporting,
investigations, and analyses by our team of DPRK experts.
Subscribe
now
All major cards accepted. No commitments – you can cancel any time.
SHARE
COPY LINK
X
MASTODON
