New loan scheme a rural game changer
Safe and affordable credit
FROM time to time, life’s expenses can creep up. But that is where the Murilla Community Centre hopes to step in, providing financial help via their No Interest Loan Scheme.
The NAB-funded scheme, which runs from Miles to across the south-west region, provides families with access to safe, fair and affordable credit on loans up to $1200.
The loans are provided for the purchase of essential goods and services such as fridges, washing machines and medical procedures.
Repayments are set up at an affordable amount over 12-18 months.
The Murilla Community Centre is in charge of the project, working out of Miles to process the applications sent in from regional community centres.
Ben Kellerman, painter and full-time carer of his mother living in the south-west, said a NILS loan has helped his family out of a sticky situation when his mother’s fridge came to the end of its life.
“My mum told me about the loan, we knew the fridge was on the way out,” Mr Kellerman said.
“Milk goes a bit pear-shaped if you don’t have one.
“The process is very easy, easier than I expected, all you need to do is provide the information. It only took us half an hour.
“It was great not having to chase around for the cash, it was very simple.”
NILS is offered by 178 local community organisations in more than 600 locations across Australia, including the Balonne region where they can be facilitated through the community centre
More information on the loans scheme and its terms can be found at nils.com.au or by contacting the Murilla Community Centre.
HELPING HAND: Murilla Community Centre NILS liaison Kirsten Landers with centre manager Cecily Brockhurst work to provide affordable loans for essential goods through the program.