The Responsible Finance sector remains a critical but under-resourced source of responsible credit for hard pressed families 29.08.2017 In June, almost exactly 10 years after the start of the banking crisis, the Bank of England ordered… Continue reading
Category: News
How do you set up a local finance partnership that works?
Working together to do more 22.08.2017 Local organisations across the UK are working together to find new and more effective ways to create and market complementary financial products, coordinate and simplify customer journeys and reduce… Continue reading
Walking the Talk
The Quality of Responsible Finance 11.07.2017 In 2015 the Community Development Finance Association became Responsible Finance. We knew that the first question many people would ask is ‘So what makes you responsible?” It is a question… Continue reading
M&BG Group go for growth with the support of ART Business Loans
Phil Marsh always wanted to run his own business. With a background in corporate sales he describes himself as ‘forever looking out for the next opportunity’. He established M&BG in 2011 by merging two companies, and… Continue reading
From benefits to business success: Purple Shoots help Claire and Kevin on their business journey
Claire and Kevin Richards both had normal jobs until a few years ago when Claire developed a serious health condition which left her unable to walk for over a year. She lost her job and in… Continue reading
Rebecca gets her finances back on track with the support of Scotcash
Rebecca works part-time on minimum wage and Lives with her partner and 16 year old child in socially rented accommodation in the East End of Glasgow. She has been a customer of Scotcash for six years,… Continue reading
The financial services of the future
Clear goals in uncertain times 27.06.2017 Like many recent votes, the general election on June 8th didn’t produce the expected result. The Prime Minister has lost her majority and gained a tough workload. As the Queen’s… Continue reading
CIC blog: ‘Our partner bank cashed in its chips’
How data analysis can help to improve access to finance for small businesses… but only with support of banks. Kent Hudson from LABO ESS writes about a pilot scheme in France to use effective data management… Continue reading
Tackling Financial Exclusion Through Local Finance Partnerships
In 2016, responsible loan funds lent £20 million to 37,000 people and helped their customers deposit £3 million into savings accounts. Local finance organisations are innovative, responsive and resourceful but, at the moment, they don’t have… Continue reading
CIC blog: #GE2017 Shaping the financial services markets to create economic opportunities for low income communities
Heading into the 2017 general election, financial exclusion remains a persistent problem in the UK. Although the UK stands among the world’s leaders in the maturity of its financial services markets, including in the use of… Continue reading