New charity aims to create new type of investor to benefit communities across Scotland

Scottish Communities Finance Ltd – a new Community Benefit Society based in Edinburgh that aims to mobilise ordinary people across Scotland to reinvest in their communities – is being launched today. SCF’s aim is to assist Scotland’s place-based communities and thematic communities to become more viable and more vibrant – including by supporting local job creation, regeneration and improved local services. “We believe that encouraging ordinary people to reinvest back into their communities – by pooling their financial resources in a community loan fund and lending this out to community…

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