NILS (No Interest Loan Scheme)
Provides low-income earners with access to credit without the burden of interest charges. It provides an alternative form of credit rather than an emergency form of relief. These loans may be used to purchase essential household items such as fridges and washing machines.
Repayment plans are tailored to suit individuals circumstances and generally repaid over a 12-month period.
NILS generally does not provide loans for general living expenses debt repayment or consolidation.
