Scaling up the UK personal lending CDFI sector : from £20m to £200m in lending by 2027

Dayson, KT; Vik, PM; Curtis, JM

Abstract

This report analysed the social and financial performance of the UK personal lending CDFI sector using data for 2014-17. It also discussed the levers and potential for the sector to significantly scale up to provide £200m in annual lending in a ten-year timeframe. CDFIs reach those most in need. Half or more of the CDFI customers are unemployed, in social housing, women, lone parents and on low incomes. The CDFIs made substantial improvements in levels of operational and financial sustainability. Despite improvements in efficiency and sustainability, the report argues it is unrealistic to expect the sector to grow to £200m in a 10-year timeframe. This would require significant upfront investment and new patient investment models

Citation

Dayson, K., Vik, P., & Curtis, J. (2020). Scaling up the UK personal lending CDFI sector : from £20m to £200m in lending by 2027

• Report Type: Project Report
• Publication Date: Feb 6, 2020
• Deposit Date: Feb 26, 2020
• Publicly Available Date: Feb 26, 2020
• ISBN: 9781912908295
• Publisher URL: https://www.carnegieuktrust.org.uk/publications/scaling-up-the-uk-personal-lending-cdfi-sector-from-20m-to-200m-in-lending-by-2027/
• Related Public URLs: https://www.carnegieuktrust.org.uk/
• Additional Information: Corporate Creators : Carnegie UK Trust; Projects : Scaling up the UK personal lending CDFI sector: From £20m to £200m in lending by 2027