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No Interest Loans

Caring for a family member or friend sometimes involves
unexpected costs.

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.

No Interest Loan Scheme

How much can you borrow?

Carers can borrow up to $1500.

Want more information?

Connecting with us is easy, call on 07 3900 8100, email info@carersqld.com.au, or visit our Contact Us page.