NILS (No Interest Loan Scheme) Network of Tasmania Ltd is Tasmania’s own not for profit community lending service supporting Tasmanians living on a low income by providing access to safe and affordable loans since 2002. We’re different to every other community organisation in Tasmania.
NILS loans change lives and supports the Tasmanian economy
We offer three loans.
• Loans up to $2 000 for essential household products and services
• Loans up to $3 000 to establish or expand a micro business
• Loans up to $5 000 to purchase a 2nd hand vehicle
Tasmanians are eligible:
• if they are on a Centrelink or DVA pension;
• or if their gross income is under $55 000 per annum
• or they are a single parents with dependents living with them and their gross income is under $75 000