{"id":105,"date":"2013-07-26T15:39:14","date_gmt":"2013-07-26T15:39:14","guid":{"rendered":"http:\/\/www.miningtheseem.org.uk\/?p=105"},"modified":"2013-07-26T15:48:09","modified_gmt":"2013-07-26T15:48:09","slug":"innovative-use-of-loan-funding-charity-bank-award","status":"publish","type":"post","link":"http:\/\/www.miningtheseem.org.uk\/?p=105","title":{"rendered":"Innovative use of loan funding &#8211; Charity Bank Award"},"content":{"rendered":"<p><strong>Below you can see a short video about the recent winner of the <a title=\"See Charity Bank on the web here...\" href=\"http:\/\/www.charitybank.org\" target=\"_blank\">Charity Bank<\/a> Most Innovative use of Loan Finance Award. <a title=\"See more of upcycling at Reviive on the web here...\" href=\"http:\/\/www.reviive.co.uk\">Reviiv<\/a>e is not only a winner, but also exists from the act of two charities coming together with common aims, to create a new Community Interest Company.<\/strong><\/p>\n<p><iframe loading=\"lazy\" src=\"\/\/www.youtube-nocookie.com\/embed\/AQ6kY955gR0?list=UUsspMtuee9mHaa6E_lrLbeA\" height=\"315\" width=\"560\" allowfullscreen=\"\" frameborder=\"0\"><\/iframe><\/p>\n<p><a title=\"A new CIC - upcycing furniture for community benefit - started with Social Finance loans...\" href=\"http:\/\/www.reviive.co.uk\">Reviive<\/a> provides apprenticeships and placements for beneficiaries of the organisation, as well as working to generate profits to the two charities who provide the nucleus of the initiative.<\/p>\n<p>A great exemplar of how charitable endeavour, through the use of Social Finance, can be the route to a grounded, effective and successful supplier of goods and services. In this case recycled and re-homed furniture.<\/p>\n<p>Mary Locke, a Charity Bank impact assessment specialist, describes social loans as &#8216;&#8230;the grease that helps the wheel to turn&#8217;, but that it is not the wheel itself. The Social Finance borrowers do the work. A wonderfully distinct separation for the charitable sector.<\/p>\n<p>Mary makes the point that in the not for profit sector, unlike in the private sector, it is effectiveness in supporting beneficiaries and the broad range of &#8216;social mission&#8217; objectives that the loan finance should be assessed against for effectiveness.<\/p>\n<p>The Charity Bank loan to Reviive was \u00a350,000. Social Finance achieving great outputs!<\/p>\n<figure id=\"attachment_7\" aria-describedby=\"caption-attachment-7\" style=\"width: 295px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/i0.wp.com\/www.miningtheseem.org.uk\/wp-content\/uploads\/2013\/07\/seemButton.jpg\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-7\" alt=\"Ethical business with a social dimension...\" src=\"https:\/\/i0.wp.com\/www.miningtheseem.org.uk\/wp-content\/uploads\/2013\/07\/seemButton.jpg?resize=295%2C92\" width=\"295\" height=\"92\" \/><\/a><figcaption id=\"caption-attachment-7\" class=\"wp-caption-text\">Ethical business with a social dimension&#8230;<\/figcaption><\/figure>\n<p><a title=\"Visit the SEEM main home page here...\" href=\"http:\/\/www.seem.uk.net\" target=\"_blank\">You can see the SEEM main home page here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Below you can see a short video about the recent winner of the Charity Bank Most Innovative use of Loan Finance Award. Reviive is not only a winner, but also exists from the act of two charities coming together with common aims, to create a new Community Interest Company. Reviive provides apprenticeships and placements for &hellip; <a href=\"http:\/\/www.miningtheseem.org.uk\/?p=105\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Innovative use of loan funding &#8211; Charity Bank Award<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23,12,3,11],"tags":[35,33,36,216,4],"class_list":["post-105","post","type-post","status-publish","format-standard","hentry","category-enterprise-start-ups","category-sme-support","category-social-business-news","category-social-finance","tag-charity-bank","tag-investment-effectiveness","tag-reviive","tag-seem","tag-social-business"],"_links":{"self":[{"href":"http:\/\/www.miningtheseem.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.miningtheseem.org.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.miningtheseem.org.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.miningtheseem.org.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.miningtheseem.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=105"}],"version-history":[{"count":0,"href":"http:\/\/www.miningtheseem.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/105\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.miningtheseem.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.miningtheseem.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=105"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.miningtheseem.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}