Taiwanese Night Market Operator Offers Interest-Free COVID Loans to Suppliers | Taiwan News

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Traditional Markets Are Still Open, But Restricting Access

Traditional Markets Are Still Open, But Restricting Access

(Photo by CNA)

TAIPEI (Taiwan News) – Night market sellers in Nantou County can get an interest-free loan of up to Taiwanese $ 30,000 ($ 1,079) to help them weather the current COVID-19 outbreak, reported Thursday (June 17).

Sandals Pier (草鞋 墩 人文 觀光 夜市) tourist night market in the central Taiwanese town of Kaotong has been closed for over a month due to measures to prevent the spread of coronavirus. UDN reported. The market used to be the busiest in the area, gathering up to 30,000 visitors a night.

When Taiwan confirmed 180 new cases of COVID on May 15, the Nantou County government announced an emergency package, including the closure of all night markets.

As operator of the Sandals Pier marketplace, Chang Ching-liang (江 欽 良) understood that 350 sellers would not have income for some time and that not all of them were eligible for government assistance. Therefore, he decided to offer interest-free loans.

Within a week, about 40 vendors submitted bids for the money, and payments were expected to begin a month after the market went live again.

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