Welcome Leasing Lao supports
Laos’ fight against Covid-19
Welcome Leasing Lao (WLL) on September 3 donated 50 million kip to the Vientiane Administration Office to support authorities’ efforts to curb the Covid-19 outbreak.
The donation was presented on Friday by the company’s Managing Director Mr Changbok Jeong to the Deputy Mayor of Vientiane, Mr Phouvong Vongkhamsao, in the presence of senior ministry officials and invited guests.
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Mr Changbok Jeong (left) and Mr Phouvong Vongkhamsao. |
“The employees and management of Welcome Leasing Lao are always trying to find ways to help Lao people who are facing challenges. We are very pleased to support Vientiane so that the city can take care of its citizens in tough times. We want to make sure that WLL stands by people who are struggling during the pandemic,” Mr Changbok said.
Welcome Leasing Lao is a financial institution that was established in 2016 by its parent company, the Welcome Financial Group, which has been a leading player in the finance market of the Republic of Korea, holding 15 subsidiaries globally and 1,667 employees with US$5 billion in assets.
Welcome Leasing Lao aims to transform to a top-notch finance company in Laos. It currently has 80 employees working in its head office in Vientiane.
During five years of operation, WLL has successfully provided high-quality financial services to over 13,000 customers in motorbike leasing, which is an essential product for the daily lives of Lao people. WLL focuses on what customers seek the most, speedy evaluation and decision processes.
Digitalisation enables the team to provide the quickest service to their customers.
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Mr Changbok Jeong (centre right) gives a donation to Mr Phouvong Vongkhamsao. |
Additionally, the company is expanding its leasing services to consumer goods such as mobile phones, electronic home appliances and furniture, so that any citizen of Laos can purchase goods without concern for lump sum payment. This new lease service is gearing up to begin next month.
Apart from these quality services, the company has always been supportive to its customers and has provided financial support to about 1,000 customers who were impacted by the Covid-19 pandemic last year and over 660 more customers in 2021.
Furthermore, the company has a clear understanding of its social responsibility as a member of society. To this end, it has taken the opportunity to help Laos curb the number of Covid cases, with the infection rate rising every day.
Welcome Leasing Lao hopes that its donation will enable the city of Vientiane to treat people with the virus as well as protect frontline medical workers, and firmly believes that Laos and Korea will turn out to be successful in overcoming the virus outbreak.
By Advertorial Desk
(Latest Update September 6, 2021)
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