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Clann Credo plays a truly invaluable role in giving practical effect to our moral responsibility for the social progress of the poor and the overlooked. You have meshed commercial acumen with the common good, created partnerships with established structures and given communities access to the funding
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The
Presentation Order funded a pilot project to test the alternative investment model the sisters had in mind. The Presentation Sisters advanced Greencaps £12,000, which was quickly paid back with interest. Greencaps Workers Cooperative creates jobs in Dublin Airport for young unemployed people from
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in 1996. Its goal is to make capital available to community-focused enterprises to promote their growth. Whilst the model of Social
Finance was a well-developed one in the United States, with a capacity of almost $ 1.8 billion by 2000, at the fund's inception in 1996 there were no such funds in
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Ballymun, which is still trading as of 2009. The success of this pilot led to the formation of Clann Credo in 1996. As of 2008 over €17 million cumulative has been placed with projects, and the fund has invested in over 140 projects worldwide.
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which provides a 17,000 sq ft (1,600 m) factory with a custom-designed clean-room environment, acting as an incubator unit for new food companies. As of 2006 there were three food companies in the centre, employing 20 people.
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and the
Roscommon County Development Board. This social finance group provides alternative finance options and accessible loans for voluntary and community groups in the county.
271:"Remarks by President McAleese at the Clann Credo Common Cents Conference on Social Finance in Ireland, Park Inn Hotel, Smithfield, Dublin 1, Tuesday 21st March 2006"
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is a rural-based organisation that has benefited from funding from Clann Credo since 1998 and as of 2006 employed 23 staff, manufacturing dietary supplements.
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Clann Credo is the primary investor behind the Irish telecomms group GreenComm, which was developed to help raise funds for Irish charities including the
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Clann Credo was also one of the financial contributors to
Ballyhoura Food Centre (Hospital) Limited, a specialist food project in west
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The fund has targeted rural-based jobs in
Ireland, including loans for job creation projects in areas of low employment. Bioshell near
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In July 2006, in response to proposals by Clann Credo, the Irish government set up the Social
Finance Foundation with initial
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The fund is a founding member of
Roscommon Social Finance, a collaboration in
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the
Dunhill, Fennor, Boatstrand and Annestown (DFBA) Community Enterprises in
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funding of €25m from the banking sector through its representative body, the
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and the confidence they needed to change their own futures for the better.
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a horse riding centre for young people with special needs in
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273:. Áras an Uachtaráin - Website of the President of Ireland
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Non-profit organisations based in the
Republic of Ireland
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with the
Roscommon Integrated Development Company, local
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transport services for people with disabilities in north
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Financial services companies of the Republic of Ireland
245:"McAleese: Many still suffering despite economic boom"
293:"Marketing: Fixed-line operators ring the ad changes"
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144:Temple Street Children's University Hospital
360:. Roscommon Social Finance. Archived from
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49:said in an address to the group in 2006:
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29:founded by Sr Magdalen Fogarty and the
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140:Jack & Jill Children's Foundation
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67:the Rathmore Social Action Group in
63:Projects aided by the fund include:
91:independent parenting services in
73:the Ballybane Community Centre in
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301:. 7 November 2004. Archived from
334:. 25 March 2006. Archived from
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124:Chernobyl Children's Project
85:a rural housing project in
36:not-for-profit organization
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45:The President of Ireland,
225:. The Word. 31 March 2008
193:Social enterprise lending
181:Irish Banking Federation
128:Irish Hospice Foundation
38:with charitable status.
223:"Empowering the People"
34:Ireland. The fund is a
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23:Social Investment Fund
332:Irish Farmers Journal
328:"Investing in People"
31:Presentation Sisters
116:Alzheimer's Society
402:Ethical investment
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338:on 30 April 2006
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166:County Roscommon
81:County Waterford
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364:on 15 July 2011
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305:on 12 June 2011
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249:Irish Examiner
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198:Social finance
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109:County Wicklow
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170:credit unions
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134:Ireland, the
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366:. Retrieved
362:the original
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340:. Retrieved
336:the original
307:. Retrieved
303:the original
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275:. Retrieved
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227:. Retrieved
177:seed capital
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69:County Kerry
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387:Clann Credo
368:26 November
342:26 November
309:25 November
277:26 November
255:25 November
229:25 November
75:Galway City
19:Clann Credo
396:Categories
204:References
358:"Welcome"
298:The Times
151:Belmullet
120:Barnardos
87:Roscommon
187:See also
158:Limerick
59:Projects
183:(IBF).
27:Ireland
132:UNICEF
122:, the
99:Dublin
93:Galway
136:ISPCC
21:is a
370:2009
344:2009
311:2009
279:2009
257:2009
231:2009
142:and
105:Bray
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25:in
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319:^
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212:^
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