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Green, gourmet and graveyard businesses announced as finalists for Microentrepreneur of the Year Award

A renewable energy firm, a luxury chocolate shop and an innovative management system for graveyards are among the businesses announced as finalists for this year’s UK Citi Microentrepreneurship Awards. The national awards scheme celebrates innovative and growing businesses that have taken off with the help of alternative finance from community lenders (known as CDFIs).

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Front Page News, News

Alternative lenders inject half a billion pounds into UK economy

Community-focused alternative lenders have contributed over half a billion pounds to UK GDP, according to new research from the CDFA, released today. The lenders have responded to increased demand for non-bank finance, and in the process helped to create 11,500 new businesses, supported over 20,000 jobs and aided 42,000 people avoid high-cost credit.

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News

European Microfinance Good Practice Award opens for entries

The Giordano Dell’Amore Microfinance Good Practices Europe Award aims to increase the understanding of the importance of microfinance as a tool to fight poverty and social exclusion in Europe, to encourage European microfinance practitioners to share good and transferable practices in the field of microfinance and to promote and spread these good practices to other microfinance agencies in Europe.

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CDFI customers announced as regional winners in the Big Start Up Loans Competition 2014

Half of the regional winners announced at the Big Start Up Loans Competition 2014 were supported by CDFIs, Some great businesses have been supported and big congratulations to them all!

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News

CDFI customers announced as semi-finalists for the Big Start Up Loans Competition

The Start Up Loans Company launched an exciting competition earlier this year to find Start Up Loans recipients with amazing and inspiring stories. We are delighted to announce that six loan recipients from the CDFA Start Up Loans consortium have been selected as semi finalists. Congratulations to all those shortlisted and our members who have supported them. They were selected from over 500 applicants.

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Front Page What We're Doing

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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