Emergency Assistance: 07 4774 0144

No Interest Loan Scheme (NILS)

The No Interest Loan Scheme (NILS) provides interest free loans to low-income individuals or families. The loans are for purchasing items up to $1,200.00.

NO Fees, NO Charge, NO Interest.

What are the Loans for?

Loans are generally available for the purchase of essential goods and services.

These may include:

  • Household items like fridges, washing machines, stoves, dryers, freezers and some furniture
  • Some medical and dental services
  • Educational essentials such as computers and text books
  • Some car related items

How does it work?

1

Enquire

Call 4774 0144 or use the enquiry form below for more information and an application form.

2

Gather Documents

All the necessary information required in the application form.

3

Assessment

The loans committee will make an assessment on your application, this can take up to 2 weeks.

4

Approval

Once approved, we will agree on affordable repayments over 12 to 18 months.

How NILS works in your community

With manageable repayments and a respectful assessment process conducted by our accredited Upper Ross NILS program, NILS works through a process of circular community credit. When a borrower makes a repayment to NILS, funds are then available to someone else in the community.

Do I qualify for NILS?

To qualify you must:

  • Have a Health Care Card/Pension Card or be on a low income;
  • Reside in the Upper Ross at your current premises for more than 3 months;
  • Show a willingness and capacity to repay

A community focused initiative of Good Shepherd Microfinance.

Application Form

Download an application form to get started.

Contact the NILS Program Officer


Tina Glenwright

NILS Officer

Phone: 07 4774 0144
Fax: 07 4774 0909

1/43 Allambie Lane, Rasmussen QLD 4815