No Interest Loans Scheme (NILS)

No Interest Loans (NILS) provide individuals and families on low incomes with access to safe, fair and affordable credit. Repayments are set at an affordable amount over 12 to 18 months.

Loans are available for the purchase of essential goods and services
These may include:

  • Household items like fridges,
    washing machines, TVs and furniture
  • Medical procedures and dental services
  • Education essentials such as computers and text books
  • Car repairs or registration
  • Some other items as requested

NILS isn’t a payday loan and it’s not a bank loan

NILS works through a process called 'circular community credit'. This means when a borrower makes a repayment to NILS, the funds are then available to someone else in the community.

It is worth considering a NILS loan first before seeking other expensive options for credit.