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Social Finance Foundation Annual Report 2020

The Social Finance Foundation's 2020 Annual Report has some impressive findings to report!

  • 2020 Social Finance Foundation Annual Report reveals it approved €41m worth of social finance loans across Ireland in 2020 - Munster 34%, Leinster 34% (22% excluding Dublin), Connaught 19% and Ulster 13%.
  • Over 460,000 people, 1 in 11 people in Ireland, availed of facilities supported by Social Finance Foundation in 2020.
  • Funding from the Irish banks has enabled the Foundation to lend over €143m to more than 1,500 organisations since 2007, through partners Clann Credo and Community Finance Ireland.
  • In 2020, subsidiary Microfinance Ireland approved €27m in loans to micro-enterprises.
  • Social Finance Foundation welcomes legislative progress on capping interest rates charged by moneylenders.
Clann Credo is a proud partner to the Social Finance Foundation and you can read about two of our favourite customers - Daingean GAA Club and Castlebar Voluntary Social Services in this report.
You can read the annual report HERE.

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