Businesses that put their customers into poverty make the country poorer too – and stifle the UK’s economic recovery

[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 […]

Dave lends where banks don’t – just like CDFIs

Written for and originally posted at 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 […]

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)

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 […]