Tipperary native takes up senior role with Community Finance Ireland with €100 million funding available for Community & Social Enterprise

Tipperary native Rose Hally, a former Head of Business with Bank of Ireland, has taken up a senior role with Community Finance Ireland, one of the largest providers of finance to the community and voluntary sector.

Community Finance Ireland is one of the largest providers of finance to the community and voluntary sector on the island of Ireland over the last 20 years and has up to €100 million available in funding. To date, Community Finance Ireland has funded over 400 community and volunteer organisations on the island of Ireland across a range of sectors and projects including enterprise and workspace projects, rural development projects, childcare schemes, housing associations, community transport, energy & environmental initiatives, sports and recreation facilities and social enterprises that are delivering an immediate social impact to their community or area but are struggling to secure finance from traditional bank lenders.

Tipperary native takes up senior role with Community Finance Ireland with €100 million funding available for Community & Social Enterprise

Rose Hally Client Relationship Executive with Community Finance (Ireland)

Rose, a native of Cahir, has held senior management roles with Bank of Ireland over the last 20 years, both as Branch Manager in Ennis and Head of Business for Co. Clare.  Rose brings significant management experience from her successful career in banking and finance to this new role. During this time Rose has also been actively involved within the community, taking on voluntary roles in many diverse organisations.

Rose Hally said, “I am delighted to be joining the team with Community Finance Ireland, I believe my background will allow me to understand the needs of community and social enterprise and support them in achieving their objectives for their projects within their communities. Community Finance Ireland continues to grow in order to meet the needs of the thousands of community and voluntary groups throughout Ireland who are seeking to raise finance for their worthy projects. Community Finance Ireland has supported many projects in Tipperary including the South Eastern Mountain Rescue in Clonmel and Muintir na Tíre who are headquartered in Tipperary town. We are keen to build on this work and many other investments in Tipperary and elsewhere over the coming years.”

A key element for organisations that partner with Community Finance Ireland is the relatively straightforward loan application and approval process that is involved. It is the aim of Community Finance Ireland to ensure that the services provided by community and voluntary organisation are not restricted due to a lack of finance.

Donal Traynor, Associate Director of Community Finance (Ireland) said, “It’s wonderful to have an experienced professional such as Rose Hally join the Community Finance Ireland team, because in addition to her career in banking and finance, she has been heavily involved in community projects for decades.”

Borrowing from Community Finance Ireland has the added benefit that it creates a virtuous circle for the community enterprises, as all profits are retained and recycled for re-investment, which increases the level of available funds for other community organisations.

Local organisations wishing to receive information about Community Finance Ireland can visit www.communityfinance.ie

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