Compare Loans

Good Shepherd Microfinance’s No Interest Loans Scheme offers loans of between $300 and $1,200. In partnership with NAB, we also offer the low interest StepUP Loan of between $800 and $3,000. Both loans can be used for essentials goods and services such as white-goods, furniture, education costs and car expenses.

Which loan is right for me?

Use the table below to identify which loan meets your needs, then click on ‘find out more’ for application details and to find your local provider.

  NILS StepUP Loan
Type of service

No interest loan

Low interest loan

  • Health Care Card holders
  • or low-income earners
  • Health Care Card holders,
  • Pension Concession Card holders,
  • or Family Tax Benefit Part A

Up to $1,200

Up to $3,000



5.99% per annum fixed interest rate (comparison rate 5.99%* p.a.)


For essential household items and services – such as fridges, washing machines, and furniture

For cars, car repairs, household items, computers, medical and dental services, etc. Can be used for more than one item


Accredited community providers

Accredited community providers with NAB

Process of application

Interview with a community provider

Community provider assists with completing application, then if successful the loan is provided by NAB

Period of time

Repayments over 12 months

Repayments over 6 months to 3 years

  Find out more Find out more

We also operate Remote Service Delivery (NILS) loans. Please visit Services to learn more about each microfinance services that we offer.

*Comparison rates are based on a loan of $2,500 over a term of 2 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Terms and Conditions Apply. Approved purposes only (no cash loans) NAB is the product issuer and is subject to NAB’s credit assessment ©2014 National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686

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