Friday, November 6, 2009

Funding For Credit Unions etc._Imminent Deadline

As part of it's work to try to re-balance the financial services market, the Friends Provident Foundation wishes to create conditions throughout the UK under which access to appropriate financial services might be permanently improved for those who are currently excluded, particularly those on low incomes or otherwise vulnerable to market failure.
Judgements will be made on the scope of the proposed work, rather than on the amounts required, but the Foundation does not expect to make financial commitments over £200,000 in cash terms.  The Foundation is willing to consider requests for loans, part-loans, underwriting, or other forms of financial support, in addition to grant funding.
Applications from any type of legally independent organisation within the UK, provided its work is legally charitable, will be considered.
Projects must contribute towards the achievement of the following specified outcomes:
  • Shared vision.
  • Universal banking access.
  • Sustainable approaches to funding debt advice.
  • Increasing savings.
  • Clarification of the role of affordable credit.
  • Sustaining the progress.
The next deadline for application is 13 November 2009.
See:  http://www.friendsprovidentfoundation.org

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