Building Strong Communities We’re using our business as a force for good. When we earn profit, it’s not just for profit’s sake it is so we can help the region grow and prosper. We put that profit to good use fuelling positive impact. Growth for Libro means growth in our communities.
IMPACT INVESTING In 2019 we entered into our first impact investing opportunity - the Verge Breakthrough Fund, aimed at enabling investors to leverage their portfolio to create positive community impact in a pooled approach. Our contribution of $265,000 helped Verge to deploy $2.2 million
through loans to support affordable housing developments, community real estate and established social enterprises. At the end of 2019 all $2.2 million had been deployed through 15 loans, which all remain in good standing.
VOLUNTEERING All Libro staff are encouraged to volunteer in their communities, in their own time and as part of the Libro teams that regularly go out together to support those who need it in their communities.
The adoption of our new Pillars in 2019 gives us an opportunity to refocus how we make an impact.
FINANCIAL LITERACY WORKSHOPS YEAR AT A GLANCE
30+ Workshops
300+ Attendees
50 Libro Trainers
WORKSHOP LOCATIONS
Unemployed H elp Centre Windsor
Centre for Employment and Learning Wingham
20 | Libro Credit Union 2019 Review
Monica Place Kitchener
and many more!
Access Centre for Regulated Employment London
Huron Women’s Shelter Goderich
