Social enterprises are businesses that trade to intentionally tackle social problems, improve communities, provide people access to employment and training, or help the environment.
The enterprise has a defined primary social purpose, environmental or other public benefit
The enterprise derives a substantial portion of its income from trade.
The enterprise reinvests 50% or more of annual profits towards achieving the social purpose.
To make a positive impact on members by providing programs and services to assist them meeting their financial, economic and social needs;
To promote, encourage and bring about human and social development among individual members and within the larger community within which members work and live;
To further the interests of members and the communities within which they work and live;
To promote co-operative and social enterprise and programs that bring about positive social and environmental change.
How do we achieve this?
All savings and Loan Accounts opened after 1/7/18 earn a Social Reward. We calculate the average monthly balances held in those accounts which accrue to the Do Good Community Fund. To deliver on Circle’s purpose – Social, Environmental and Economic benefits to members and their communities we allocate community contributions with a focus on Financial Literacy, Health, Employment and Youth Opportunities.