3-Dec-2019 - We are very proud that we have reached 10 years of providing NILS (No Interest Loan Scheme) to the community. Its been a great journey and we have been through many changes to the program.  We thank the community, our partners, clients and Good Shepherd Micro-finance for their ongoing support as we look forward to the next 10 years.

​

We started back in 2009, by the end of June 2010 we had 40 loans to the value of  $37,857.  Now, in November 2019 we have 3,108 loans to the value of just over $2.9 million.  The Scheme is very popular and has assisted many people to get back on the financial continuum.

​

For many people on low incomes, paying for essential goods and services is extremely difficult, and the effects of going without can be huge. Going without a computer can result in children being left behind at school which can affect their future employment, housing and financial stability; going without a fridge can mean that fresh food or essential medications cannot be stored leading to poor health outcomes.

​

Financial inclusion and especially micro-finance plays a key role in enabling strength-based community development that creates better connected and inclusive communities.