Faisel Rahman taks about Fair Finance, a social business that aims to reduce financial exclusion and exploitation amongst poor and low-income communities in the UK.

1. Twitter
No Straight Lines with Alan Moore and #C8Event
Faisel Rahman #nostraightlines
February 23, 2012 www.canvas8.com

2. Meet Victoria Obanye

3. According to the FSA, Government
and Competition Commission
• Up to 12 million people use non mainstream lenders in the
UK
• 7-10 million with limited access to financial services
• 2m without bank accounts
• 3-5m using doorstep lenders
• 2m+ using pay day lenders
• 200k using illegal money lenders

4. Lender Average APR
Morses Ltd 365%
Provident 469%
Rhodes Finance 1064%
CLC 1564%
Pay Day 2500%+

5. No-one wants charity
They just want a fair chance

6. Priorities in choosing financial
products
1. Price
2. Security
3. Brand/marketing
4. New technology
5. Ethics

7. Priorities in choosing financial
products
1. Accessibility
2. Flexibility
3. Honesty and simplicity
4. Respect
5. Relationship

8. Launched in 2005
A high touch service with a human interface
Access to mainstream banking services
AND

9. We aim to revolutionize personal finance, starting with the
people whom the mainstream providers have left behind.

10. Meet Mama’s Kitchen