Loan pro­gram to help women re­build lives

McIvor Times - - TRADE & SERVICES GUIDE -

TENS of thou­sands of women es­cap­ing fam­ily vi­o­lence will have ac­cess to a $14.9 mil­lion pro­gram pro­vid­ing zero-in­ter­est loans to help them re­build their lives.

Good Shep­herd Mi­cro­fi­nance wel­comed a fed­eral gov­ern­ment com­mit­ment to ex­pand the na­tional No In­ter­est Loan Scheme (NILS) and pro­vide safe, af­ford­able loans up to $2000 to vic­tims of do­mes­tic and fam­ily vi­o­lence.

Good Shep­herd Mi­cro­fi­nance chief ex­ec­u­tive Peter McNa­mara said 90 per cent of fam­ily vi­o­lence cases also in­volved fi­nan­cial abuse.

“Women who want to leave a vi­o­lent part­ner are often put off by the ex­pense of find­ing some­where safe to live,” Mr McNa­mara said.

“They may not have their own in­come or sav­ings, often they’ve been sad­dled with their part­ner’s debts and don’t know how they can af­ford to restart their lives.

“For many, it’s a big rea­son why they can’t leave an abu­sive re­la­tion­ship. Our no in­ter­est loans will help thou­sands of do­mes­tic vi­o­lence vic­tims pay for all sorts of es­sen­tials like bond or rent, fur­ni­ture and white­goods, car regis­tra­tion or a com­puter so they can work, buy­ing school gear for the kids, or cov­er­ing med­i­cal bills.”

To find the near­est NILS provider, visit nils.com.au

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