No Interest Loans for Low Income Families
May 04, 2021
Mai Huynh
No Interest Loans for Low Income Families
Mai is a Regional Microfinance Officer at Good Shepherd Australia.
She is working on providing No Interest Loans (NILs) for individuals and families on low incomes with access to safe, fair and affordable credit.
Loans are available for essential goods and services such as fridges, washing machines, car repairs and medical procedures for up to $1,500. Repayments are set at an affordable amount over 12 to 18 months.
NILs is offered by 170 local community organisations in over 600 locations across Australia.