Social finance seminar this evening for community groups and clubs in Donegal

community finance

Community organisations, social enterprises and sports clubs are being invited to a seminar on finance options at the Niall Centre in Killybegs tonight, hosted by Community Finance Ireland.

The group, one of the largest providers of social finance in Ireland says it has up to €100 million available in funding, and has supprted over 400 community and volunteer organisations across the island for almost 20 years.

Spokesperson Donal Traynor says Community Finance Ireland is looking to work with local organisations and social enterprises that are delivering an immediate social impact to the community but cannot access finance from traditional lenders like banks or building societies..............

 

Further details -

A free seminar in Donegal in relation to obtaining finance by local community organisations, social enterprises and sports clubs will be held hosted by Community Finance (Ireland). With up to €100 million available in funding, Community Finance (Ireland) is one of the largest providers of social finance to the community and voluntary sector on the island of Ireland and will be hosting the “Investor Ready” seminar for social enterprises, community organisations and sports clubs based in Donegal.

The “Investor Ready” seminar will be held on Wednesday 14th October in Niall Mor Centre, Killybegs, 7.30 p.m.

As well as Áislann Chill Chartha in Donegal, Community Finance (Ireland), as part of the wider UCIT Group, has funded over 400 community and volunteer organisations on the island of Ireland across a range of sectors and projects, including enterprise and workspace projects, rural development projects, childcare schemes, housing associations, community transport, energy & environmental initiatives and sports and recreation facilities.

Donal Traynor, Associate Director of Community Finance (Ireland) said “With over €100 million available in funding, Community Finance (Ireland) is looking to work with local organisations and social enterprises that are delivering an immediate social impact to the community but cannot access finance from traditional lenders like banks or building societies.”

“The event in Donegal will be a step by step guide on how to access funds from Community Finance (Ireland). Community Finance (Ireland) has made our “Investor Ready” seminars very accessible, so they are low on jargon and assume that the people attending may never have had to access repayable finance before. We would encourage every community organisation, sporting club or social enterprise to attend and find out more about how to obtain funding from Community Finance (Ireland).” continued Donal Traynor.

Martina O’Donnell Manager of Áislann Chill Chartha said that “We needed fast capital to fulfil a large project in refurbishing our Health & Fitness Suite.  This would enable us to widen our customer base and generate more income providing extra services to our new and existing customers.  We had an associate from Community Finance (Ireland) to walk us through the loan process and experienced an easy and fast route to getting finance.  We were happy with the results and I would highly recommend Community Finance (Ireland) to other businesses because of the efficiency and friendliness.”

Attendance at the “Investor Ready” seminar is free, but local organisations wishing to attend should register in advance with Community Finance (Ireland) or visit www.communityfinance.ie.