Wednesday, July 11, 2012

Social Investment Business might lend to 'profit-distributing' organisations | Third Sector

Social Investment Business might lend to 'profit-distributing' organisations | Third Sector: The Social Investment Business might launch new funds that lend money outside of the charity and social enterprise sector, its chief executive Jonathan Jenkins said last night.

Jenkins, speaking at a Big Society Network event at Somerset House in London to discuss research in the social investment sector, said his organisation – the largest social lender in the UK – was attempting to raise one or two new funds that could "do something broader than is reasonably possible with government money".

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