{"id":1844,"date":"2008-09-20T13:06:00","date_gmt":"2008-09-20T20:06:00","guid":{"rendered":"http:\/\/azaroff.com\/?p=1844"},"modified":"2025-09-21T11:42:54","modified_gmt":"2025-09-21T18:42:54","slug":"bcbbc08-social-finance-2","status":"publish","type":"post","link":"https:\/\/azaroff.com\/?p=1844","title":{"rendered":"BCBBC08: Social Finance"},"content":{"rendered":"

\"BarCampBankBC\"<\/a>What is it? Is it giving a neighbour some money to start a business?<\/p>\n

Is it microlending, Grameen Bank style?<\/p>\n

The disbursement of money around society?<\/p>\n

The societal impact of our spending?<\/p>\n

How do we convene ethical business and not-for-profits to learn from each other?<\/p>\n

Can an FI make money and do projects at the same time, such as investing in green building projects?<\/p>\n

It isn’t rampant capitalism.<\/p>\n

It’s spending money with an eye to social impact.<\/p>\n

It’s looking at the entire suuply chain to ensure the business is providing equitable results.<\/p>\n

How big is social? Is it our community, or is it global? Is it the people we do business with?<\/p>\n

Spending, lending and investing with intention. To ensure good things results from those transactions.<\/p>\n

If companies do more ethical business practices, they become more sustainable economically.<\/p>\n

Social enterprise is a part of this. Not for profit and co-operatives are starting business models. This results in less environmental impact, and alleviates poverty.<\/p>\n

Measuring impact is essential to being a part of social finance. ING Direct encouraging people to save, is that a social finance impact? Or is it marketing happenstance?<\/p>\n

Intentions are key in order to examine the ultimate and inclusive impact of a business model.<\/p>\n

Is there such a thing as an altruistic act. All transactions have to be successful. <\/p>\n

It’s an amalgamation of capitalism, socialism and altruism all working together. Bill Gates calls it creative capitalism.<\/p>\n

Do we have an anti-social economy?<\/p>\n

Social capital. The Bowling Alone<\/em> theory of a deteriorating community across society. How do we build in more social capital into our framework?<\/p>\n

What’s the line between advocacy and advice. Giving people a sense of the societal impact of their spending, versus advocating that they change their patterns.<\/p>\n

What is the relevancy to that community?<\/p>\n

If you’re talking about lending, you’re not talking about telling people how to spend their money, but how to spend the bank’s money.<\/p>\n

In social lending there is a fluid tie between socially progressive stories from those who want money and the good rate they get. People will offer a lower rate to socially responsible lendees.<\/p>\n","protected":false},"excerpt":{"rendered":"

What is it? Is it giving a neighbour some money to start a business? Is it microlending, Grameen Bank style? The disbursement of money around society? The societal impact of our spending? How do we convene ethical business and not-for-profits to learn from each other? Can an FI make money and do projects at the […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[142],"class_list":["post-1844","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-bcbbc08"],"jetpack_shortlink":"https:\/\/wp.me\/p37qUH-tK","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/azaroff.com\/index.php?rest_route=\/wp\/v2\/posts\/1844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/azaroff.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/azaroff.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/azaroff.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/azaroff.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1844"}],"version-history":[{"count":1,"href":"https:\/\/azaroff.com\/index.php?rest_route=\/wp\/v2\/posts\/1844\/revisions"}],"predecessor-version":[{"id":16811,"href":"https:\/\/azaroff.com\/index.php?rest_route=\/wp\/v2\/posts\/1844\/revisions\/16811"}],"wp:attachment":[{"href":"https:\/\/azaroff.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/azaroff.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/azaroff.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}