Wales
Prom Ally CIC
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Prom Ally offers the free loan of prom dresses and suits to school children, sixth form students and college students who otherwise couldn't afford one. All outfits are used and either purchased from charity shops or donated directly. Prom Ally has helped hundreds of girls since it began and has recently opened up to boys too offering suits in addition to the dresses.
Duration
10 years
Cost of capital
3%
Turnover
£2,361
Investor Details
Social Investment Cymru
Amount invested
£50,000
Product type
Blended – part grant, part loan
Legal structure
Community interest company (CIC) limited by guarantee
Tafarn yr Heliwr
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Tafarn Yr Heliwr is a Community-Benefit Society based in Nefyn, Gwynedd, Wales and was established in order to raise money and re-open the village pub as a not-for-profit community-owned business.
Duration
10 years
Cost of capital
7%
Turnover
0 - Due to open in Autumn '21
Amount invested
£80,000
Product type
Community shares
Choose Communities: Buy Social
Blog
The pandemic has seen communities come together to support each other, mutual aid groups have been set up and we have been united in our sense of gratitude and appreciation for the key workers who have kept delivering social impact.
Your Questions Answered Webinar: What’s changed in Social Investment?
Event
The world has changed in many ways in the past four months, and the landscape of social investment is no different. Join us on thiswebinar where we explore the various new funds and schemes that have been launched to support social enterprises and charities navigating the new normal.
Royal Society for Blind Children
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RSBC provides a range of services in London and across England and Wales for blind and partially sighted children and young people, their families, and the professionals who work alongside them.
Duration
3 years
Cost of capital
0% first year, 6.5% from year 2
Turnover
£4.15 million
Amount invested
£250,000
Product type
Energy Resilience
Book of You
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Book of You acts as a reminiscence therapy, to help people living with dementia to connect to their memories but soon realised that they could help all sorts of people, including older people living in assisted accommodation and young adults with learning disabilities. They've now developed a digital story book helps the user to build a familiar picture and story of someone’s life, filled with precious life events and memories.
Duration
4 years
Cost of capital
0%
Turnover
£50,000
Investor Details
CAF (Charities Aid Foundation)
Amount invested
£20,000
Product type
Unsecured loan (incl. overdrafts)
Postcode Innovation Trust
Investors
The Architectural Heritage Fund
Funds
Energy Resilience