Could fintech disruptors give community lenders a new burst of energy – and help them compete with their for-profit, mainstream competitors? Six partnerships, backed by the UK government's Affordable Credit Challenge, will soon find out.
Bite-sized stories this week from the impact economy around the world: a “historic shift” among impact investors on impact measurement, insights on family giving, Starbucks backs coffee cup recycling drive, and more.
What happens when a philanthropic foundation starts offering repayable finance? Anything from stronger relationships with investees to “awful situations”, as we heard recently. Pioneers Post digs a little deeper.
Bite-sized stories this week – featuring a Middle East opportunity for wellbeing-focused enterprises, scale-up support for those helping people with complex needs, royal accolades for social enterprise leaders, and more.
Plus: Bridges raises £35m for second social outcomes fund, Palladium's first impact fund targets $40m for African small businesses, Scotland's first community-owned school building and impactful chocolate in Indonesia...
It’s been nearly three years since the world's first impact investment fund for arts and culture began backing projects. Two key lessons have emerged, explains Nesta's director of arts and culture programmes.