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Front Page News, Just Finance Blog

Just Money – Civil Society Action for Community Finance

David Barclay explains how the Just Money campaign has been working with experts (including the CDFA) to develop a proposal for a Community Finance Foundation, endowed through £200 million of fines on banks and payday lenders over the next parliament.

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The CDFA is recruiting

If you are interested in joining our team to support and develop fair, affordable finance in the UK, apply for our new role of Programme Manager

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European Microfinance Conference is heading to Dublin

Booking is now open for the 12th European Microfinance Network conference, taking place on 18th and 19th June in Dublin.

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Front Page News, Just Finance Blog

How do we meet the growing need for affordable credit?

13.04.2015 A new discussion paper by the Carnegie UK Trust has set out the need for a range of affordable alternatives to meet the demand for small sum short-term credit – including CDFIs and credit unions.   “Meeting the need for affordable credit” makes clear the need for greater policy interventions to grow the affordable […]

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Call to communities looking to strengthen their local economies

Communities across England have the chance to shape their local economies with the launch of an exciting new Community Economic Development (CED) programme.

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Financial Inclusion Commission calls for new Minister for Financial Health

New report sets out vision for financially inclusive Britain and recommends measures to promote sustainability of community finance and for banks and other lenders to work more closely with community finance firms

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Front Page News, News, Uncategorized

Winners announced in the 2015 Citi Microentrepreneurship Awards

Outstanding entrepreneurs and community lenders celebrated at national awards for their achievements in creating jobs, services and prosperity in their communities.

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Citizens UK launches proposal to save half a million people from debt

A proposal to use £200m of fines on banks and payday lenders to support community finance organisations such as credit unions has today been launched by the national community organising charity Citizens UK. The idea, which is supported by the Archbishop of Canterbury’s Task Group on Responsible Credit and Savings, would see the creation of a Community Finance Foundation to help ethical alternatives to high-cost credit expand their reach and improve their sustainability. It is estimated that over the next five years such a venture would help 500,000 people avoid high-cost credit, saving them over £200m per year in interest and fees and reducing the cost of problem debt on wider society by £1.4bn.

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Front Page News, News

CDFA welcomes Government support for a sustainable future for CDFIs

The British Business Bank has today announced that it is commissioning new, independent research to facilitate a report on the sustainability of the CDFI sector. The report will be published in June.

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CDFI Graduate Internship Programme 2015 launches.

The CDFA, alongside BCRS Business Loans, Financing Enterprise and Social Investment Scotland, launched its first Internship Programme – with successful interns due to start in autumn 2015.

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