Share Capital hits £30m

Shared Interest Society is celebratng after reaching £30m in Share Capital this April.

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Almost 9,000 members have now invested a total of £30m in Share Capital to the Society. This money is currently being loaned and re-loaned to fair trade buyers and producers in the developing world to help improve livelihoods. 

To celebrate our 25 year history in 2015, we have set targets of 10,000 investors and £33 million in member investments. After hitting the £30 million mark this month, we hope to continue to progress towards our ambitious targets. The Society has recently seen its investment limits increase from £20,000 to £100,000 per member which it hopes will widen its member base further.

This March saw the highest number of new members for Shared Interest in any one month for the last ten years.  Managing Director, Patricia Alexander, said:

"2014 has been a record year for us in more ways than one. There was a record turnout for our AGM this year, we've taken more enquiries this quarter than in any previous year, and we are delighted to have reached £30 million in investment from our members. I'd like to thank our existing members, and encourage people to open a Share Account with us, with as little as £100, and to support us in making sure justice lies at the heart of trade finance."