Life Changing Loans at No Interest

Life Changing Loans at No Interest is an evaluation of our flagship program the No Interest Loan Scheme (NILS). The report is the first extensive evaluation in the program’s 33 year history. The evaluation confirmed the large positive impact of NILS, and also key insights which provides us with strategic direction to reach more people. Through NILS we have reached 125,000 people with NILS, providing safe, fair and affordable credit for essential goods and services. The evaluation provides evidence of the economic case for program expansion with only 6% of estimated demand met in 2012. Australia has a long way to go before everyone is truly financially included.

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