- No Interest Loan Scheme
The NILS concept was developed by Good Shepherd in Victoria and operates across Australia. Community lending started in Tasmania in 2002, when the NILS (No Interest Loans) Network of Tasmania Ltd. was first established.
NILS loans are accessed through over 105 community access points provided by our 76 Delivery Partners and over 400 volunteers. (Link to DP map).
Since 2002 we have issued more than 31,000 loans totalling more than 30 million dollars. Our initial loan funds have now been lent and repaid 16 times over.
HOW WE WORK
To improve the standard of living for Tasmanians on low incomes by providing:
Our recent work
NILS Network Tasmania 2020–2021