Who can join the Mutual Aid Fund?

Is the Mutual Aid Fund right for my organisation?

The Mutual Aid Fund could be right for your organisation if you run, work for, or are a member of a community organisation which has:

• A strong membership base and a close relationship with its members/service users
• Identified a need for credit amongst its members/service users
• A strong commitment to, and is ready to invest time and money in, addressing members credit needs

Who can join the Mutual Aid Fund?

The Mutual Aid Fund is open to not-for-profit, community organizations, particularly those operating in disadvantaged, excluded or migrant communities. Organisations must be established community groups which are run by and/or for the benefit of their members. Individuals cannot join MAF directly, but can benefit as members of participating organisations.

Successful applicant organisations will be able to say yes to the following:

• Our organisation is a constituted or incorporated organisation with good governance
• Our organisation is a member/community-supported organisation, providing services to enhance the economic and social empowerment of its members
• Our organisation is financially and operationally sustainable
• The provision of a loan scheme will enhance the organisation’s other activities (e.g. support for business development will be enhanced by a small business loan, access to training and employment will be enhanced by personal lending for childcare or purchase of work clothes, etc.)
• Our organisation has the systems and skills to manage its affairs and run a loan fund

To find out more about the Mutual Aid Fund please make an enquiry online, or contact Lana Hersak at lana.hersak(AT)londonrebuilding.com or 0207 997 7333