£1-5m

Charity bonds

A tradable loan from a group of social investors to a charity or social enterprise over a fixed period of time with a fixed rate of interest. For example, if you issued a £2million bond over 5 years at 2% interest in 2017, you would pay the social investors £40,000 interest each year and repay the £2million in 2022. 

The Skill Mill

Image
The Skill Mill

The Skill Mill are social enterprise providing employment for young ex–offenders in watercourse and horticulture services.

Duration
4 years
Cost of capital
7-8%
Turnover
Not available
Investor Details
Resonance
Amount invested
£1m with £100,000 through SITR
Product type
Social Impact Bonds