First Branch opened
A partnership of social, public, commercial and charitable funders come together to back the opening of Fair Finance’s first branch on a council estate in Stepney.
A partnership of social, public, commercial and charitable funders come together to back the opening of Fair Finance’s first branch on a council estate in Stepney.
Fair Finance launches at the Museum of Docklands. Keynote speakers include Anna Bradley of the FSA and Sir Brian Pomory, Chair of the Financial Inclusion Taskforce : “Greater access to affordable credit is vital in tackling financial exclusion. Without access to mainstream financial services, families can become locked into a
Fair Finance submits its registration with the FSA as an Industrial & Provident Society; signing the first ever set of consumer protections and a community lender with the regulator.
Faisel leads a movement with over 70 local community organisations, housing associations and charitable agencies in East London to highlight the issues of financial inclusion locally and look for solutions. The idea for Fair Finance as social business is born.
Faisel Rahman joins the Tower Hamlets Environment Trust to develop and lead a 5 year community based project to tackle financial exclusion with Quaker Social Action and Account3. In this phase they developed and expanded the first microfinance program in London, and tested models of debt counselling with local Housing
Fair Finance is a lender and not a credit broker.