After weeks of turmoil Wonga, the payday lender that came to symbolise Britain’s household debt crisis, collapsed into administration recently. Many people in or supportive of the responsible finance industry have welcomed its demise (with much… Continue reading
Tag: Wonga
Investing in community finance would help church put Wonga out of business
CDFIs have a business model that is specifically designed to deliver financial and social returns. They are well placed to offer the ‘win-win’ the Church is looking for in terms of financial returns with a clear conscience. Continue reading