Why is Bloom needed

Bloom is totally committed to the principles of “Build back better” in the UK.

Did you know - around 95% of the UK does not have a Credit Union or a Responsible Finance Lender nearby.    The only other options available are high cost Payday lenders, Guarantor Loans, Rent to Own, Doorstep lenders or Family.   

The lenders charge enormous interest rates, the money involved leaves the Community and by and large, the spiral of debt and unaffordable money continues to destroy people and Communities.

Bloom will provide / facilitate Money Management and Fair Finance via Trusted Partners and Organisations, based in any Community across the UK.

Why our project needs to exist

The lack of access to fair financial products and services across the UK has been clearly evidenced in many independent reports, here are a just few -

Capitalism in Crisis? - Social Enterprise UK 2019 

Good Credit Desert - Demos July 2019 

Changing Perceptions - Christians Against Poverty  May 2019

More than just Credit - Just Finance Foundation  Oct 2019 

Achieving local economic change - Local Trust “Achieving local economic change” Oct 2019

Now, as a direct result of Covid, it's even more crucial to help direct people, including those with Mental Health issues, to suitable financial help and services wherever they live.  

At the same time, it is vitally important to offer opportunities for positive change to people's lives in the short, medium and long term.

That's where we come in.   We're Bloom.  We're a Community business that's unique.   

We are here to make banking more human again and to help your and every other Local Community become the driver for economic change. 

Please go to our Crowdfunder campaign.