Charity Bank

Charity Bank is an ethical bank that uses its savers’ money to lend to social enterprises and charities.

Cosgarne
Charity Bank.png

Charity Bank is an ethical bank that uses its savers’ money to lend to social enterprises and charities.

This direct investment will contribute towards Charity Bank’s growth of its existing loan book to £250 million and achieve the scale required for sustainable profitability.

  • Fund size

    £132 million
  • Big Society Capital commitment

    £14,5 million

Key information

  • Geography

    UK wide
  • Investment type

    Enterprise debt
  • Fund manager

    Charity Bank
  • Investment status

    Current
  • Investment date

    2014
  • Term

    10 years

Impact

  • 235

    Number of borrowers

  • £400,000

    Average loan size

  • 66%

    Percentage of loans made to organisations operating in disadvantaged areas

Sustainable development goals

  • 1: No Poverty End poverty in all its forms everywhere
  • 3: Good Health and Well-being Ensure healthy lives and promote well-being for all at all ages
  • 4: Quality Education Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
  • 7: Affordable and Clean Energy Ensure access to affordable, reliable, sustainable and modern energy for all
  • 8: Decent Work and Economic Growth Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
  • 10: Reduced Inequality Reduce inequality within and among countries
  • 11: Sustainable Cities and Communities Make cities and human settlements inclusive, safe, resilient and sustainable
Marie-Alix Prat

Marie-Alix Prat

Investment Manager (maternity leave)