Social finance
Social finance is an approach to managing money which delivers a social dividend and an economic return. It may also refer to Social Finance UK, the organization behind the first Social Impact Bond, or Social Finance US their sister organization.
Social finance is often used to describe the lending and investment into companies who consider themselves social enterprises, charities, co-operatives, and other impact-focused organisations. The term can include community investing, microfinance, social impact bonds, investing into sustainable businesses, and social enterprise lending. Outcome-based philanthropic grantmaking and program-related investments, sometimes referred to as venture philanthropy, also fall under the umbrella of social finance.
These approaches to investment and funding share the twin focus of stimulating positive social and environmental returns for investors and the larger world. Some social investors try to effect environmental return, which is referred to as a regard for a ‘triple bottom line’.Similarly, it can be seen as 3D investing, which accounts for risk, return and impact for consideration by investors.
See also
- Socially-responsible investing (also known as Impact investing)
- Social Finance UK
- Social Finance US
- Social impact bond
- Microfinance
- CommonBond
- Christian finance
- SoFi (Social Finance, Inc.)
- LoanNow
- Social enterprise
External links
- A place in society: Financial innovation and the poor, The Economist, Sep 25th 2009
- Global Impact Investing network: Spotlight on the market
- Social Finance Glossary
- Social Impact Bonds
- Clann Credo: What is Social Finance?
- Social Finance UK
- Social Finance US
- Clann Credo -The Social Investment Fund
- SocialFinance.ca
- Social Banking Academy
- INAISE
- Sofi
- Upstart
- SoFi (Social Finance, Inc.)
- Invest with Values - The Investor's Gateway to Positive Change, Directory with over 300 resources including Social Finance