Our Social Impact 2020/21
As a Social Enterprise, our success is not measured through profit, but through outcomes for people.
Our unique lending scheme, funded by local councils, enables us to support people who often have no-where else to turn. Our holistic and sensible approach to lending means we find funding solutions for a range of homeowners, from individual owner occupiers through to portfolio landlords or empty property owners.
At the start of the year, we engaged the Financial Inclusion Centre (FIC) to support us with evidencing our social impact. The FIC spent time conducting in-depth client and partner surveys, reviewing data, analysing the profile of our clients, and determining the impact a loan has on households across the South West.
“Up until now the impact of the work we do has always been difficult for us to quantify, and we have relied on the value and volume of loans delivered as our performance indicators. This our first Social Impact Report reviews 2020/21 year, a truly remarkable year in more ways than one, and for me the standout data is that for every £1 invested in Lendology £2.64 is gained in impact.”
We have kept our report concise and it’s easy to see how important a Lendology loan has been for our clients in so many ways. We truly believe that through our holistic assessment approach, knowledge and experience across the sector, we provide a bespoke service that shows not all lenders are the same.” Emma Lower, CEO at Lendology CIC
We welcome your feedback on our Report, and do contact us if you have any questions or would like to discuss a new partnership or investment.