Ensure good financial stewardship of our investments and donations
Financial controls: Significant emphasis is placed on robust financial controls. Our internal controls are regularly reviewed, updated and audited.
Procurement: We also follow an approach to procurement. This ensures that, as far as possible and practical, we source products and services that are fair trade, environmentally friendly, and/or locally produced.
Lending: Our lending decisions are made within credit policies, which help in managing our exposure to risk. Prudential lending limits specify the proportion of our Share Capital, which can be lent by commodity, country risk category, region and product.
Liquidity and investment: The majority of our £41.4m in Share Capital is deposited in GBP with our main banker, Santander UK plc. The funds lent to our customers in foreign currency (we offer facilities in GBP, USD and EUR and we also have a small loan in Kenyan Shillings) are from foreign currency overdrafts secured against the deposited Share Capital.
You can download the Appendix for Aim 3 using the links below:
You can view the full version of our Impact Report here.Back to Aim 3