No Interest Loan Scheme (NILS) (Good Shepherd Microfinance and Financial Counselling Australia)
About this service
Provides no insterest loans for low income households and Pension/Health Care cardholders to be able to purchase essential goods or necessities like refrigerators, washing machines, tv's, computers, beds and matteresses, health needs and aids, limited repair work and/ or course fees.
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Service name
No Interest Loan Scheme (NILS) (Good Shepherd Microfinance and Financial Counselling Australia)
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Additional sites
Contact service directly - available in Chelsea, Glen Huntly, Hampton, Mentone, Moorabbin, Sandringham
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Phone
13 64 57 or 9553 3227
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Urgency levels
Direct Help, Some Help, Just Curious
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Service name
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Service provider
Partnership : Financial Counselling Australia, Good Shepherd Microfinance
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Department name
NILS
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Website
http://goodshepherdmicrofinance.org.au/services/no-interest-loan-scheme-nils
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Email
info@gsmicrofinance.org.au, nils@financial-counselling.org.au
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Last update
12/01/2016
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Service provider
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Service area
Bayside City Council, City of Kingston, City of Glen Eira, City of Port Phillip, City of Stonnington
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Age group
16 - 25 years
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Eligibility criteria
To qualify you must:
- have a health care card / pension card or be on a low income
- reside in your current premises for more than 3 months
- show a willingness and capacity to repay -
Service type
INDIVIDUAL
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Service area
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Participation length
Repayments are usually set over 12 - 18 months
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Participation length
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Who can refer
Anyone
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Who can refer