About social impact
Social impact is the effect on people and communities that happens as a result of an action or inaction, an activity, project, programme or policy.
Good social impact evidence can help organisations to improve their services, compare achievements with similar organisations and communicate the difference they are making to be able to attract investment.
Evidencing your social impact will be of fundamental interest to social investors.
As well as ensuring that you are able to afford to repay the finance, they want to see what impact their investment will make. This is what differentiates social investors from mainstream investors like traditional banks.