[I wrote this blog for my client, the Community Development Finance Association, to appear on the BusinessZone website.] A recent feature in Management Today, “Cashing in on the Poor,” asked whether businesses are transgressing a code of ethics by exploiting the financially vulnerable. Payday loan companies, cheque cashing businesses and pawnbrokers are all thriving businesses […]
Businesses that put their customers into poverty make the country poorer too – and stifle the UK’s economic recovery
Filed Under: Policy Tagged With: CDFA, social policy
Dave lends where banks don’t – just like CDFIs
Written for and originally posted at www.cdfa.org.uk He likes bananas and he’s not a fan of banks. So plain-speaking David Fishwick decided he wanted to launch a bank with a difference. A new 2-part series on Channel 4, which began last night, told his story. The irrepressible minibus entrepreneur had realised that his customers, many […]
Filed Under: Regeneration, Social Enterprise Tagged With: business finance, CDFA, community development, social enterprise
Film about the Isle of Wight Lottery – CDFA Innovation Award winner
This and five other films were part of work recently undertaken for the Community Development Finance Association (read more about this work)
Filed Under: Business Development, Policy, Social Enterprise Tagged With: business finance, CDFA, films
Community finance is JUST finance
Imagine borrowing £100 – but then paying back £50 per month for 6 months to pay off the loan. After 6 months, you’ll have handed back interest of £200 in addition to the original £100 of capital – in other words, the loan will have cost you a shocking 534% APR. Certainly this isn’t a […]
Filed Under: Policy, Project Management, Social Enterprise, Uncategorized Tagged With: CDFA, films, social enterprise, social policy
