Barry Toll SEFA Social capital, social enterprise, social finance – what’s it all about?
SEFA Who Are We SEFA Who Are We o For profit, start-up, social enterprise, niche lender Community, Environment, Indigenous o Uniquely focused on empowering social enterprises “a hand up, not a hand out” o Provide innovative, tailored loans to debt ready social enterprises
SEFA Who Are We SEFA Who Are We o We are here to contribute to the long term development and sustainability of the SE market o Providing both financial and social returns to our investors
SEFA Founding Partners and Investors o Founding Partners & Investors o NSW Aboriginal Land Council o Triodos, Netherlands Social Bank o Community Sector Bank o Bush Heritage o Private individuals & foundations o Macquarie Group Foundation o University of Sydney o Institute of Strategic Management o Australian Government Funds o Matching grant of $10m - SEDIF Fund
The Triodos Influence o World leader in sustainable lending o Mission - make money work for positive social, environmental and cultural change o Branches in UK, Spain, Germany, Belgium o Transparency + Governance = Social change success story o 1980: $500k capital - Today $7 Billion
Our First Loan o Crisis & Health Accommodation for the Homeless and Indigenous Community o Assisting in long term sustainable re-engagement with the community. o Providing more efficient spending outcomes o Youth employment opportunities
Our First Loan o SEFA Loan of $450,000 to purchase management rights and freehold property o The site is already providing a level of crisis accommodation to the most marginalised o Founding Partners: recognised the need for social improvement o Collaboration with local indigenous youth group for job creation o Management has long-term experience in housing and homeless services, indigenous affairs and indigenous health