Tuesday, April 29, 2014

Care Inc. provides a microfinance scheme for paid workers

Are you in paid work and need to borrow money for items such as new
tyres, fridge, laptop or car repairs?
Care Inc. has been providing a microfinance scheme since 1997. With
funding from the ACT Government, we have expanded our program to provide
loans to individuals earning up to approximately $60,000 gross per
annum. The No Interest Loans Scheme (NILS) provides those eligible to
access loans to purchase items such as:

* white goods (fridges, washing machines, dryers, dishwasher)

* household items (oven, bedding, lounge, dining table, rugs
etc)

* electronic goods (laptops/computers, televisions)

* tools for training courses

* health aids

* car repairs/ new tyres

* heating/cooling devices (portable or installed)
Loans of up to $1,500 are available and repayments are made over 12-18
months through direct debit. To be eligible for this scheme people must
be a resident of the ACT and be on a low to moderate income and not be
in financial hardship. (Please note - loans are for new items only and
aren't available for rent or bills). For more information please call
our office on 6257 1788 or email
admin@carefcs.org<mailto:admin@carefcs.org> or download a NILS
application at www.carefcs.org<http://www.carefcs.org>

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