Docstoc

Clann Credo The Social Investment Fund

Document Sample
Clann Credo The Social Investment Fund Powered By Docstoc
					The Social Investment Fund
Social Investment
“The provision of finance
 by organisations, which
 seek a social return or
 social dividend, as well as
 a financial return”
      Social Finance in Ireland; 2003
    CCL Background
   Established 1996
   Private funds
   €9 million
   Ireland/International
   Greencaps
   Social and Financial Return
      Effectiveness
   Creates a relationship based
    on equality between funder
    and recipient
   Promotes interdependence
   Monies repaid available for
    future projects
   Sustainability
     Joint Initiatives
Clann Credo
 Western Development
  Commission
 Kosovo Enterprise Programme
 Integra
 National Travellers MABS
      Practice
All investments
Social Return
Financial Return
Social Dividend
New SDI Increase
     400%
     Social Housing
   Tulsk Voluntary Housing
   Rathmore Social Action
    Group
   Claddagh Vountary Housing
    Association
   Clár IRD
   Kilmaley Voluntary Housing
         Why Clár chose
         Clann Credo
   The need to finance at a competitive rate
   The need for flexibility
   An understanding of the concept
   A recognition of the beneficial effect on
    the local community
   An appreciation of the voluntary
    community involvement in the project
    Innovation in
Financial Instruments
Duagh, Co Kerry
 Clann Credo purchases
  building for local group
 Lease and right to purchase
 Eldercare services in Duagh
 Support to Sector
Consulting
Training&
Mentoring
The Social Investment Fund
     info@clanncredo.ie
     www.clanncredo.ie
      +353-1-453 1861