On behalf of all our staff at Mary MacKillop Today, we want you to know that our hearts are with all those affected by the devastating bushfires across Australia. We offer our thoughts and prayers during this terrible and heartbreaking catastrophe and can only stand in awe at the courage and resilience of so many individuals, families and communities, including our incredible firefighting volunteers, who we are truly grateful for.
For those of you directly impacted by the bushfires, we want to provide you with how, in response to this unprecedented disaster, our Financial Inclusion program’s ‘No Interest Loans Scheme’ (NILS) has been updated to assist you:
- Existing NILS clients can renegotiate loan repayment terms or defer repayments on their loan to suit their needs
- Where the loan asset (e.g. fridge purchased with a NILS loan) has been destroyed or is not usable due to the bushfires, clients can apply to have the loan amount written off if there are no other options available (i.e. there will be no requirement for clients to pay back their loan)
- New clients can access a NILS ‘Bushfire Relief’ loan of up to $2,000 (increased from $1,500) with reduced requirements for documentation
Mary MacKillop Today’s NILS program is delivered in partnership with Good Shepherd Microfinance, and is generously supported by NSW Fair Trading, NAB Bank and DSS.