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Good Shepherd NZ

April 16, 2020

Good Shepherd NZ is a charitable non-government organisation that was established to address the critical, contemporary issues facing women, girls and families.

Among other services, they offer NILS (No Interest Loans) which are a fair and affordable way for people living on limited incomes to borrow to buy an essential household asset or service.

As a response to Covid-19 they have repurposed their NILS (no interest loans) to provide quick financial relief for people who are financially impacted, and we can also loan over the phone.We can provide loans for urgent financial relief such as bills and debts; flexible payment arrangements, like deferred first payments and longer loan terms; and greater support to revise peoples’ budgets and help them access other Covid-19 financial assistance offered by the government, banks and utilities providers.

NILS Loan details

  • Amount: Up to $1,500
  • Term: 12 - 24 months
  • No interest, fees or charges
  • No credit checks

NILS Loans may be used for:

  • Urgent bills or debts
  • Car repairs
  • Medical and dental expenses
  • Education costs including devices
  • Furniture and appliances
  • Other essential items

Eligibility Criteria

During Covid-19 we are operating as flexibly (yet responsibly) as possible, and exceptions to these criteria will be considered, so please ask:

  • On a limited income – those who currently qualify for a Community Services Card or are a single person earning less than the living wage ($42,106 per year before tax). ‘Currently’ means income right now – even if a client’s income was higher before Covid-19, or if they are expecting to return to a higher income;
  • In stable accommodation – usually at current address for more than three months;
  • Able to afford the loan repayments – affordability can be assessed using deferred loan payments and longer term loans;
  • Have exhausted all Work and Income assistance options – ‘exhausted’ may mean attempted but not yet able to access.

The application process

Clients arrange an online or phone-based appointment with a Loan Worker. The Loan Worker works with the client to complete an application – this includes a conversation about the client’s income and financial commitments, to ensure that the client can afford repayments.

Loan Workers will be able to support clients revise their budgets and access the other financial assistance that has been put in place by the government, banks and utilities providers.

Make an enquiry

Loans are provided by Good Shepherd NZ and community providers throughout New Zealand. Call 0800 466 370 or go to www.goodloans.org.nz.