Independent not for profit finance provider Allia has raised more than £250m of bonds to support charities and deliver social impact.
Since its formation in 1999, Allia’s has supported a range of organisations from housing associations and care providers to community employment ventures and other charities.
Tim Jones, chief executive of Allia, said: “We’re very proud of passing this £250m bond milestone, and all that this finance has helped to achieve.
“Our bonds have helped provide homes and care for people in need, helped thousands of people into work or out of debt and established enterprises driven by more than profit.
“Global issues like hunger, joblessness, poverty, climate change and food waste need effective solutions and new thinking.
“Those who are committed to addressing these challenges need all the support they can get – Allia’s task is to help them amplify their impact.”
The £157.5m raised by Allia through its Retail Charity Bond included £33m in one week for charity Greensleeves Care (see Greensleeves bond raises £33m).