Develop fair financial systems in local communities.
We began working in communities by testing an approach to community mobilisation and volunteering that collaborates with local churches. It quickly became an effective way to reach people who would never have the confidence to seek help or know where to start, leading to increased membership of local credit unions, and an increase in the uptake of innovative new financial products.
Today we are growing this approach, strengthening our supporter base, with a greater commitment to tackle financial exclusion. We want to be more ambitious, working with key assets in communities to facilitate change. Our aim is to show how a small but focussed local organisation can make financial inclusion a priority, increase the flow of responsible finance, reduce the populations at risk of financial distress, and foster the conditions for a fair financial system.
We are supporting four local organisations developing their work in communities across the Black Country, Liverpool, London (north of the Thames) and Tyne to Tweed, with a view to helping other communities tailor the model to their area.