No Interest Loans Scheme

Women’s Health Goulburn North East was the first women’s health service in Australia to implement a specific No Interest Loan Scheme (NILS) for women experiencing or exiting family violence, in addition to our general No Interest Loan Scheme for women on low incomes.

 

No Interest Loans are loans where women pay back what they borrow. No interest is charged. There is no minimum loan amount. This is a safe, fair and affordable option.

 

But NILS is also more than just a loan. It is a vital tool for early intervention and financial capacity building for women experiencing social and economic disadvantage.

 

Women have the opportunity to purchase essential goods or services that they would otherwise be unable to afford. They also have the opportunity to look closely at their bank statements and debts with the assistance of the NILS project worker and build their financial literacy skills.

 

General NILS

  • Loans of up to $1500 for women on low incomes
  • Loan repayments are made over 12 months

To be eligible you must have:

  • Lived at your current address for at least 3 months;
  • A Concession Card or be on a low income; and
  • Demonstrated capacity and willingness to repay.

Domestic Violence NILS

  • Loans of up to $2000 for women who have experienced family violence in the past 12 months
  • Loan repayments are made over 18 months

To be eligible you must have:

  • A Concession Card or be on a low income; and
  • Demonstrated capacity and willingness to repay.

 

To apply:

 

Find all the No Interest Loans Scheme brochures and application forms HERE.

Prior to completing your application forms, please phone WHGNE’s NILS worker on (03) 5722 3009 or email nils@whealth.com.au to discuss your application and eligibility and to arrange an appointment.

 

Copies of completed application forms should be emailed to nils@whealth.com.au.