a different bank for people who want a different world
social impact
Praxis Community Projects
Location: London
Loan Amount: £200,000
Date: October 2009
This busy centre provides advice and support services to migrants and refugees in East London, as well as offering a welcoming meeting place for displaced communities. Praxis receives grants from diverse sources but unreliable payments meant it was suffering cash flow issues, so it requested a £100,000 facility from Charity Bank, repayable over two years.