Clann Credo
Clann Credo is a Social Investment Fund in Ireland founded by Sr Magdalen Fogarty and the Presentation Sisters in 1996. Its goal is to make capital available to community-focused enterprises to promote their growth. Whilst the model of Social Finance was a well-developed one in the United States, with a capacity of almost $1.8 billion by 2000, at the fund's inception in 1996 there were no such funds in Ireland. The fund is a not-for-profit organization with charitable status. The President of Ireland, Mary McAleese said in an address to the group in 2006:
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Clann Credo
Clann Credo is a Social Investment Fund in Ireland founded by Sr Magdalen Fogarty and the Presentation Sisters in 1996. Its goal is to make capital available to community-focused enterprises to promote their growth. Whilst the model of Social Finance was a well-developed one in the United States, with a capacity of almost $1.8 billion by 2000, at the fund's inception in 1996 there were no such funds in Ireland. The fund is a not-for-profit organization with charitable status. The President of Ireland, Mary McAleese said in an address to the group in 2006:
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Clann Credo is a Social Invest ...... ir own futures for the better.
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Clann Credo is a Social Invest ...... address to the group in 2006:
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Clann Credo
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