Social Impact Report 2018

"We are grateful for the investment at a time when we were so close but still too far away from opening. We are now finally doing what we set out to do and the feedback from our community has been incredible."

Unity Grill

Social Investment Scotland (SIS) makes investments in charities and social enterprises that make a real difference to people’s lives, society or the environment. We have invested over £63 million in organisations across Scotland, and this year marked the milestone of our 300th customer.

Every year we carry out a customer survey to find out more about our customers’ social impact and the positive effect our investment is having on communities throughout Scotland. This year, we were delighted that 92% of our customers responded - 139 organisations.

As we continue to grow our activity and the difference it makes, we are reviewing our approach to monitoring, reviewing and reporting on our impact. However, this year we have continued to use Big Society Capital’s Outcomes Matrix, reviewing social impact in relation to fifteen beneficiary groups and nine outcome areas. These reflect what a person needs to lead a full and happy life.

Loans by Volume and Outcome Area

Loans by volume pie chart

Total volume: 49 organisations

Loans by Value and Outcome Area

Loans by value pie chart

Total value: £5.4m

Arts, Heritage, Sports & Faith

People find enjoyment, self-expression and affiliation through informed participation and engagement in the arts, sports and faith resulting in a thriving cultural landscape.

of SIS customers chose Arts, Heritage, Sports & Faith as their primary outcome area (a total of 24 customers).

Our Investment

Total approved for 4 organisations

£1,239,100

Total drawn down by 8 organisations

£494,853

Not all loans approved during the year will draw down in that same period

The difference it makes

What customers who selected this as their primary outcome area are trying to achieve:

58%

want individuals to develop cultural skills and confidence in areas that interest them.

75%

ensure strong public awareness of and participation in the arts, heritage, sports and faith.

Lossiemouth FC Social Club is a social club run by Lossiemouth FC. The social club contributes to running the football club by providing a space for fans to meet before and after matches; streaming televised football; providing snooker and pool tables; and running a variety of events such as weddings, ladies’ nights and birthday parties. After their request for a loan was rejected by their main bank, Lossiemouth FC Social...

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Citizenship & Community

People live in confidence and safety, free from crime and disorder. All act as a responsible and active citizens and feel part of a community which is stronger, active and more engaged.

of SIS customers chose Citizenship & Community as their primary outcome area (a total of 24 customers).

Our investment

Total approved for 4 organisations:

£1,065,000

Total drawn down by 8 organisations:

£2,233,500

Not all loans approved during the year will draw down in that same period

The difference it makes

What customers who selected this as their primary outcome area are trying to achieve:

83%

ensure individuals have a stake in their community and society at large, and make a conscious contribution.

67%

seek strong and safe communities.

Awesome Energy Dalriada (AED) was established by the Dalavich Improvement Group (DIG) to own and operate community renewable energy schemes. DIG has been working to advance community development and manage community land, for example a community centre and two children’s playgrounds. The idea was for AED to generate revenue by selling green hydroelectric energy to the national grid. The income would then allow AED to contribute to further projects and...

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Conservation of the Natural Environment

People have an appreciation of the natural environment and play their part in protecting it, including reducing their carbon footprint for the benefit of people, plants, animals and habitat, today and in the future.

of SIS customers chose Conservation of the Natural Environment as their primary outcome area (a total of 6 customers).

Our investment

Total approved for 1 organisation:

£20,000

Total drawn down by 2 organisations:

£27,000

Not all loans approved during the year will draw down in that same period

The difference it makes

What customers who selected this as their primary outcome area are trying to achieve:

100%

want to help individuals understand the importance of the natural environment and reduce their impact on it.

50%

seek to ensure recycling and sustainable water use.

SIS reached a significant milestone this year by lending to Locavore, marking our 300th investment in Scottish social enterprises. Locavore is a social enterprise contributing to the creation of sustainable local food economies, which is better for the local economy, environment and communities. It promotes, produces and distributes local food through its shop and café in the Southside of Glasgow and its farm, which grows organic food and keeps chickens...

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Employment, Training & Education

Individuals are in suitable employment, education, training or care work and relevant opportunities are available to all.

of SIS customers chose Employment, Training & Education as their primary outcome area (a total of 45 customers).

Our investment

Total approved for 3 organisations:

£113,115

Total drawn down by 19 organisations:

£1,161,750

Not all loans approved during the year will draw down in that same period

The difference it makes

What customers who selected this as their primary outcome area are trying to achieve:

78%

want to help individuals develop the necessary soft skills through employment, education or training, including social skills, attitude and motivation.

40%

aim for strong public awareness and participation in matters relating to education and employment, and good sectoral understanding of how to address them.

In early 2018, the unemployment rate in Scotland was 4.3% [1], whereas youth unemployment was higher at 10.8%, having increased by 2.3% since the previous year. The Workshop Aberfeldy in Highland Perthshire promotes employability in a remote area in Scotland, particularly supporting young people and those facing additional barriers to employment, such as people with learning difficulties. The social enterprise gives all members of the community the opportunity to learn...

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Family, Friends & Relationships

People have a positive social network that provides love, belonging and emotional practical support in a society that supports and encourages families and good personal relationships with a sense of belonging.

of SIS customers chose Family, Friends & Relationships as their primary outcome area (a total of 6 customers).

Our investment

Total approved for 2 organisations:

£300,000

Total drawn down by 2 organisations:

£70,000

Not all loans approved during the year will draw down in that same period

The difference it makes

What customers who selected this as their primary outcome area are trying to achieve:

67%

ensure individuals enjoy positive and constructive relationships with others.

33%

make sure people have strong public awareness of the value of families, friends and relationships, and good sectoral understanding of how to build them.

Funeral poverty, when the price of the funeral is beyond a person’s ability to pay, is a rapidly growing issue in Scotland. Research [1] has shown that the basic cost of burial has increased 77% since 2010, with an average funeral costing £3,600. The strain created by this can be financial, in form of unmanageable debt, and emotional, through distress, shame and social stigma. Caledonia Cremation is a social enterprise...

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Housing & Local Facilities

Individuals have a suitable, secure place to live, affordable utilities and access to local facilities and transport, with investment and availability of different forms of tenure now and in the future.

of SIS customers chose Housing & Local Facilities as their primary outcome area (a total of 7 customers).

Our investment

Total approved for 1 organisation:

£120,000

Total drawn down by 1 organisation:

£106,000

Not all loans approved during the year will draw down in that same period

The difference it makes

What customers who selected this as their primary outcome area are trying to achieve:

57%

work towards individuals having a secure, suitable and habitable place to live in.

57%

aim to provide sufficient accessible and affordable transport, utilities and local facilities.

Lochaber Housing Association (LHA) was set up in 1988 as a response to the chronic housing need in Lochaber’s rural communities. Housing prices were and still are high, due to high land costs, and second and holiday homes in the area. However, the Association currently has 701 affordable homes in Lochaber and a development programme that should bring an additional 120 affordable homes. Its Lochaber Care and Repair subsidiary offers...

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Income & Financial Inclusion

People have sufficient income to meet their essential needs and access to suitable financial products and services. Everyone reaches an optimum level of income for health and wellbeing, and income differentials support social cohesion.

of SIS customers chose Income & Financial Inclusion as their primary outcome area (a total of 4 customers).

Our investment

Total approved for 3 organisations:

£1,204,500

Total drawn down by 2 organisations:

£960,500

Not all loans approved during the year will draw down in that same period

The difference it makes

What customers who selected this as their primary outcome area are trying to achieve:

50%

aim for individuals having sufficient sustainable income, including benefits (if appropriate).

25%

want strong public financial capability, literacy and management, and understanding of legal matters.

‘Food poverty is the inability to acquire or consume an adequate or sufficient quantity of food in socially acceptable ways, or the uncertainty that one will be able to do so’ [1]. Food poverty is an increasing public health issue throughout Scotland and the UK. Angela McNay made it her mission to challenge hunger and tackle food poverty in Ayr by opening Unity Grill, the town’s first social restaurant. The...

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Mental Health & Wellbeing

Those who experience mental illness recover where possible and lead a positive and fulfilling life, even if symptoms remain. Good mental wellbeing and life satisfaction across the population.

of SIS customers chose Mental Health & Wellbeing as their primary outcome area (a total of 8 customers).

Our investment

Total drawn down by 3 organisations:

£126,322

No loans approved for this outcome area in the 2017/18 financial year

The difference it makes

What customers who selected this as their primary outcome area are trying to achieve:

63%

want individuals to have a sense of purpose, engage in meaningful and fulfilling activity, and have aspirations for the future.

38%

aim for equal access to good quality mental health services.

Previously operating as the MS Therapy Centre, the Inverness-based charity The Oxygen Works provides practical, emotional and social support to people living with long-term health conditions throughout the Highlands. Although it initially focused on people living with multiple sclerosis (MS), the centre has diversified to accommodate a broader spectrum of clientele with a variety of health conditions. Offering access to a wide range of therapies, including oxygen therapy which is...

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Physical Health

Individuals look after their health. They recover quickly, or if recovery is not possible, health and quality of life are maximised. Good general physical health across the population.

of SIS customers chose Physical Health as their primary outcome area (a total of 15 customers).

Our Investment

Total approved for 3 organisations:

£83,500

Total drawn down by 4 organisations:

£185,000

Not all loans approved during the year will draw down in that same period

The difference it makes

What customers who selected this as their primary outcome area are trying to achieve:

73%

want individuals to have a positive experience of healthcare and attitude toward their own physical health.

93%

encourage healthy and physically active people and communities.

Gymnastics can be hugely beneficial to the development of young people: it increases flexibility, coordination, balance, helps develop strong and healthy bones, and teaches commitment, discipline and social skills. Astro Gymnastics has been running in West Lothian for over 20 years as a non-profit community sports club. Astro offers recreational, pre-school and competition-level gymnastics, providing classes for babies as young as eight weeks old. The gymnastics club expanded and recently...

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