a different bank for people who want a different world
social impact
Brockweir and Hewelsfield Community Shop Association
Location: Lydney, Gloucestershire
Loan Amount: £100,000
Date: 2003
This environmentally friendly not-for-profit village shop in Lydney, Gloucestershire, which was set up to replace lost facilities in the area, is a remarkable example of a social enterprise. It borrowed £100,000 to help bridge grant payments as well as provide a small amount of working capital.
Fred Simpson, former Project Manager, Brockweir & Hewelsfield Village Shop:
"Other financial institutions thought it was too risky... thankfully, Charity Bank liked our ideas and supported the project."