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Measuring impact

  The CDFA has developed an Economic Impact Tool. It enables community finance providers to calculate the value of the economic and social impacts of their activities. Community finance delivers innovative financial products for businesses, social enterprises, individuals and households unable to access finance from mainstream providers. The CDFA and its membership are strongly committed […]

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Just Finance Blog

Making things better: bringing equality to financial services

Ben Hughes on how we can bring equity to the provision of financial services in the UK

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Just Finance Blog

Who is your community finance hero?

Tell us about the amazing CDFI leaders and loan officers in your town and they could be in for a Citi Microentrepreneurship Award

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News

CDFIs generate £100m of ‘extra value’ for the local economy through RGF

Community lenders have generated over £100m in ‘extra economic value’ through a government-backed fund supporting small businesses and social enterprises in England.

Figures from the Community Development Finance Association (CDFA) have revealed that loans made by its members have delivered economic value worth more than five times the original funding [1].The funding has already secured over 2,600 jobs for English towns and cities, creating substantial benefits for the government and local economies.

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Nominate your community finance champions and inspiring entrepreneurs

The Citi Microentrepreneurship Awards are back for a second year
The CDFA is teaming up with the Citi Foundation once again to shine a spotlight on the amazing achievements of community finance. Following the success of the inaugural UK event in February 2014, we have introduced new categories to capture the wide-ranging work of community finance, work that is changing lives and bringing money, jobs and hope to Britain’s’ towns and cities.

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Just Finance Blog

A new ecosystem for business funding-the rise of alternatives

Adam Tavener examines the growth of alternative finance and explains why he set up Alternative Business Funding to help SMEs

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Just Finance Blog

Big news for Scotland’s social entrepreneurs

David Cousland explains why DSL Business Finance and Big Issue Invest are teaming up to bring finance to Scotland’s social enterprises

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Front Page News, Just Finance Blog

Peak payday has passed – what next?

Niall Alexander of Moneyline discusses the implications of an interest rate cap for payday lenders

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News

Finding fair affordable finance just got a whole lot easier

Consumers and small or social businesses rejected by banks can now simply and quickly find a fair and affordable loan, thanks to the new website www.findingfinance.org.uk

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Bank referral legislation is welcome news for SMEs

The CDFA welcomes George Osborne’s announcement that the Government will introduce legislation that will require banks to refer decline customers to alternative providers. The proposed new rules mean that high street banks will have to offer to connect SMEs that they decline for loans to alternative sources of finance.

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