{"id":3389,"date":"2023-09-05T12:49:07","date_gmt":"2023-09-05T12:49:07","guid":{"rendered":"https:\/\/communityfinanceireland.com\/?p=3389"},"modified":"2023-09-05T14:40:31","modified_gmt":"2023-09-05T14:40:31","slug":"grassroots-groups-can-more-than-triple-social-impact-in-local-communities","status":"publish","type":"post","link":"https:\/\/communityfinanceireland.com\/grassroots-groups-can-more-than-triple-social-impact-in-local-communities\/","title":{"rendered":"Grassroots Groups Can More Than Triple Social Impact in Local Communities"},"content":{"rendered":"\n

Community and volunteer-led organisations who choose social finance solutions could see a social return of investment of over 3.42 times the initial investment. That\u2019s according to Community Finance Ireland<\/a> (CFI), the most progressive social finance provider across the island.<\/p>\n\n\n\n

Based on a social value analysis undertaken by Rose Regeneration and the Rural Community Network, CFI has established that for every \u20ac1\/\u00a31 spent in delivering projects on the island, local communities have seen a return of 3.42 times that investment, through wider social benefits such as improved community health and increased employment opportunities and skill levels.<\/p>\n\n\n\n

D\u00f3nal Traynor, CEO of CFI, says the cumulative impact of such projects is boundless: <\/p>\n\n\n\n

\n

\u201cWe strive to create a lasting social impact in every community on the island of Ireland. As the first all island Social Value Report our team and clients can really see the multiplier effect played out in communities across the island every day.<\/em><\/mark> If a community development group were to invest in remote working spaces, for example, the ripple effect sees stronger social connections in that community, more money spent in local businesses, and a greater sense of belonging for individuals who might have previously worked in isolation at home or spent hours on a commute. You cannot underestimate the social impact of these changes, and the social value analysis carried out by Rose Regeneration and the Rural Community Network, via the Social Value Engine platform, demonstrates the return of investment which communities can expect.\u201d<\/em><\/mark><\/p>\n<\/blockquote>\n\n\n\n

\"Community
All smiles as the first all island social value analysis report finds a 3.42 times multiplier effect for the initial investment. (L to R): Conor McGale Evaluation and Impact Manager at Rose Regeneration & Donal Traynor CEO Community Finance Ireland discuss the stunning results achieved with clients during Covid restrictions. <\/em><\/figcaption><\/figure>\n\n\n\n

Mr. Traynor added that social finance offers communities even greater social impact:<\/p>\n\n\n\n

\n

\u201cNot only do we offer more tailored supports and knowledgeable advice for volunteer-led organisations, but communities also know they\u2019re part of an all-island social impact network \u2013 in repaying their loan, a sports club in Ballymoney is supporting a social enterprise in Bantry. Any profit goes straight back to supporting other similar projects, it\u2019s a circular social economy that is making real change happen in communities across the island.\u201d<\/em><\/mark><\/p>\n<\/blockquote>\n\n\n\n

Conor McGale, Evaluation and Impact Manager at Rose Regeneration said:<\/p>\n\n\n\n

\n

\u201cWe were delighted to be approached by Community Finance Ireland to carry out this analysis, which clearly demonstrates its social impact in supporting organisations across the island of Ireland.<\/mark> This report focuses on the assistance that CFI provided to a wide range of groups, whose financing and fundraising options were seriously curtailed by the COVID-19 pandemic. Through the conversations that we had, it was clear that CFI played an essential role in ensuring many VCSE organisations were able to keep growing and developing, whilst continuing to provide essential services to their local communities.\u201d<\/mark><\/p>\n<\/blockquote>\n\n\n\n

For more information you can view the report in full here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Community and volunteer-led organisations who choose social finance solutions could see a social return of investment of over 3.42 times the initial investment. That\u2019s according to Community Finance Ireland (CFI), the most progressive social finance provider across the island. Based on a social value analysis undertaken by Rose Regeneration and the Rural Community Network, CFI […]<\/p>\n","protected":false},"author":9,"featured_media":3390,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_vp_format_video_url":"","_vp_image_focal_point":[],"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[277],"tags":[418,417,37,272,54,442,421,260,34,24,445,443,124,175,444],"class_list":["post-3389","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-client-regional-spotlight","tag-bridging-loan","tag-bridging-support","tag-community","tag-community-development","tag-community-finance-ireland","tag-community-in-action","tag-community-lending","tag-community-loans","tag-finance","tag-ireland","tag-muliplier-effect","tag-social-analysis-report","tag-social-finance","tag-social-impact","tag-social-value"],"jetpack_publicize_connections":[],"acf":[],"yoast_head":"\nGrassroots Groups Can More Than Triple Social Impact in Local Communities – Community Finance Ireland<\/title>\n<meta name=\"description\" content=\"social value analysis. social return on investment. social impact. community impact. community funding. volunteer impact. 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Finance Ireland","author_link":"https:\/\/communityfinanceireland.com\/author\/hello\/"},"rttpg_comment":3,"rttpg_category":"<a href=\"https:\/\/communityfinanceireland.com\/category\/client-regional-spotlight\/\" rel=\"category tag\">Client Regional Spotlight<\/a>","rttpg_excerpt":"Community and volunteer-led organisations who choose social finance solutions could see a social return of investment of over 3.42 times the initial investment. That\u2019s according to Community Finance Ireland (CFI), the most progressive social finance provider across the island. Based on a social value analysis undertaken by Rose Regeneration and the Rural Community Network, CFI…","_links":{"self":[{"href":"https:\/\/communityfinanceireland.com\/wp-json\/wp\/v2\/posts\/3389"}],"collection":[{"href":"https:\/\/communityfinanceireland.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/communityfinanceireland.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/communityfinanceireland.com\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/communityfinanceireland.com\/wp-json\/wp\/v2\/comments?post=3389"}],"version-history":[{"count":15,"href":"https:\/\/communityfinanceireland.com\/wp-json\/wp\/v2\/posts\/3389\/revisions"}],"predecessor-version":[{"id":3409,"href":"https:\/\/communityfinanceireland.com\/wp-json\/wp\/v2\/posts\/3389\/revisions\/3409"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/communityfinanceireland.com\/wp-json\/wp\/v2\/media\/3390"}],"wp:attachment":[{"href":"https:\/\/communityfinanceireland.com\/wp-json\/wp\/v2\/media?parent=3389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/communityfinanceireland.com\/wp-json\/wp\/v2\/categories?post=3389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/communityfinanceireland.com\/wp-json\/wp\/v2\/tags?post=3389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}