Caring for a family member or friend sometimes involves
Caring for a family member or friend sometimes involves unexpected costs. In partnership with Good Shepherd Microfinance, Carers Queensland offers No Interest Loans (NILS®) from $300 to $1500 for eligible carers on low incomes.
How does NILS® work?
It is a community-based program that gives carers access to fair, safe and affordable credit for the purchase of essential goods and services such as a white goods, medical services, vehicle expenses and much more.
When a borrower makes a repayment to a NILS® program, funds are then available as a loan for someone else in the community. This is called ‘circular community credit’ and this is a real demonstration of the community in action.