# The Stock Exchange of Thailand joins hands with Kasikornbank to support social entrepreneurs

- Link: https://www.thailand-business-news.com/set/162651-the-stock-exchange-of-thailand-joins-hands-with-kasikornbank-to-support-social-entrepreneurs
- Published: 2024-09-17T06:50:00+07:00
- Author: SET News

On the occasion of stepping into its 50th anniversary, the Stock Exchange of Thailand
has collaborated with Kasikornbank to support distribution channels for products
of social enterprises (SEs) via K+ market on K PLUS.

## Key takeaways

 * Since 2017, the Stock Exchange of Thailand (SET) has supported social entrepreneurs
   to address social issues and reduce inequality.
 * SET and Kasikornbank have partnered to provide social entrepreneurs with distribution
   channels through the K+ Market on K PLUS.
 * Kasikornbank customers can now support social entrepreneurs by purchasing their
   products on K+ Market, contributing to social causes through their purchases.

Mr. Rongrak Panaphawuttikul, Deputy Managing Director, Head of Legal and Social 
Activity Management, SET, revealed that SET recognizes the importance of social 
entrepreneurs (SEs) as an important mechanism in driving solutions to social problems
and reducing inequality in the country. Therefore, SET has strengthened social entrepreneurs.

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Since 2017, SET has worked with the public and private sectors to develop and promote
the social entrepreneur ecosystem in many aspects, such as providing knowledge and
skills in business operations, supporting business matching by connecting work with
various organizations, etc. However, in the past, it was found that social entrepreneurs
still lack support in distribution channels and promoting products on online trading
platforms to make them more well-known.

 This is the origin of the collaboration between SET and Kasikornbank to pilot 7
social entrepreneurs under the SET Social Impact network to have distribution channels
for products via K+ Market on K PLUS, which will help reach a wider range of customers,
increase awareness and business opportunities for social entrepreneurs to grow strongly
and sustainably.

At the same time, customers of the bank will also be able to participate in creating
social results by purchasing products from social entrepreneurs.

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Ms. Sarinya Piyawongsomboon, Senior Executive Vice President, Kasikornbank, said
that Kasikornbank, as a cog in driving the economic and business systems, We are
very pleased to collaborate with the Stock Exchange of Thailand to support social
entrepreneurs in the SET Social Impact network by using the potential of the bank’s
digital platform to increase sales and sales space for shop owners on K+ market 
in K PLUS, as well as facilitate buyers to purchase products or services conveniently.

The bank has continuously developed K+ market on K PLUS to be a center for quality
and licensed products or services from manufacturers, distributors, and brand owners.
The bank is ready to support social entrepreneurs who are interested in expanding
online sales channels.

They can use the potential of K+ market as an opportunity to reach customers with
purchasing power and increase online sales channels. At the same time, the bank 
can meet the lifestyles of online shopping through customers who want quality products
and get value for their money. The bank has continuously organized sales promotions
on K+ market.

In addition, customers can choose to pay for products or services in cash or redeem
K Points. For Kasikornbank customers, they can purchase products via K Points or
pay in cash at K+ market on K PLUS from today onwards by typing in the search box“
SET Social Impact.”

**Source** : [The Stock Exchange of Thailand joins hands with Kasikornbank to support
social entrepreneurs to reach customers through K+ market on K PLUS.