The credit union difference is in part reflected in its social impact – how it advantages its members and the community they are a part of. A new Toolkit has been developed to enable credit unions to identify, measure and report on this.
The Toolkit is the result of a collaboration between Small Change, CFCFE and Liverpool John Moores University’s Research Unit for Financial Inclusion, funded by the Esmée Fairbairn Foundation, CCLA and CFCFE members. The project team worked closely during 2018/19 with GB credit unions to develop the materials, in particular CFCFE members Hoot Credit Union (Bolton) and Unify Credit Union (Wigan).
The Toolkit comprises a Guide to reporting, a Framework spreadsheet to capture information systematically and Facilitator slide pack for leading a workshop on the process. This is a work in progress, and we aim to refine the Toolkit by working closely with more credit unions in the coming months.
For more information, click here.