Scaling up the UK personal lending CDFI sector : from £20m to £200m in lending by 2027

Dayson, KT, Vik, PM ORCID: https://orcid.org/0000-0001-9673-8330 and Curtis, JM 2020, Scaling up the UK personal lending CDFI sector : from £20m to £200m in lending by 2027 , Project Report, Carnegie UK Trust, Dunfermline.

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Abstract

This report analysed the social and financial performance of the UK personal lending CDFI sector using data for 2014-17. It also discussed the levers and potential for the sector to significantly scale up to provide £200m in annual lending in a ten-year timeframe. CDFIs reach those most in need. Half or more of the CDFI customers are unemployed, in social housing, women, lone parents and on low incomes. The CDFIs made substantial improvements in levels of operational and financial sustainability. Despite improvements in efficiency and sustainability, the report argues it is unrealistic to expect the sector to grow to £200m in a 10-year timeframe. This would require significant upfront investment and new patient investment models

Item Type: Monograph (Project Report)
Schools: Schools > School of Arts & Media > Arts, Media and Communication Research Centre
Publisher: Carnegie UK Trust
ISBN: 9781912908295
Related URLs:
Funders: Carnegie UK Trust
Depositing User: PM Vik
Date Deposited: 26 Feb 2020 12:10
Last Modified: 26 Feb 2020 14:00
URI: http://usir.salford.ac.uk/id/eprint/56510

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