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Enterprise Loan Fund – Community Development Finance Institutions (CDFIs) are a growing movement of loan providers to people at risk of exclusion from mainstream financial or banking facilities. EBDC secured funding from the Phoenix Fund to set up a CDFI to target support to “hard to reach” groups from BME communities.
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| BME Infrastructure |
| Business Incubation |
| Enterprise Loan Fund |
| Policy |
| Employment Training Charity |
| Ethnic Mutual was launched at the City Hall in July 2005 to promote lending to small BME private and social enterprise organisations. In keeping with the international development dimension of EBDC’s work, it is anticipated that Ethnic Mutual will also explore the potential for supporting lending to community development projects in Africa. |
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