A Page for English Users

We define "social finance" as financial services that reduce and soothe harmful effects of financial exclusion beard from "information asymmetry", "transaction cost", "economy of scale" and over-pursuit for efficiency.

Examples of "social finance" are "microfinance", "CDFIs (community development financial institutions)" in U.S.A. and U.K., and "social banks" in Europe.

We convince that "social finance" brings us fairer and more agreeable equilibrium of goods.


To defuse the concept of "social finance", we provide services below;
*Independent / requested research about "social finance",
　"social enterprise/ entrepreneur", "SRI", "CSR",
　 "non-profits" and so on.
*Lectures at universities and other schools.
*Business consulting for for-profit / not-for-profit 　
　organizations and social finance institutions.

FAQ about "social finance"(in Japanese)
What makes "social finance" different from main-stream finance?
Why exclusion happens? - Mechanism of financial exclusion
Why financial needs should be fulfilled?

Kouichi Karaki, Ph.D (from Hitotsubashi Univ., 2005.03)

After 13 years working for a Japanese Mega-Bank (Mitsui Bank), he started studying business administration, "business and society", sociology and finance at the graduate school of Hitotsubashi University, and got doctoral degree (Doctor (Commerce)).

Then he lectured about "non-profits","social business", "business and society", "manegement strategies", etc. at several universities.

And he founded SFIJ in 2009.