NILS research report wins award second year in a row!

Congratulations to Good Shepherd Microfinance Australian for excellence in impact measurement.  Read about the award and the service providing women with access to safe, fair and affordable finance.  Sister Noelene White said: “We started with just $20,000 and a belief that the program would be a success.  Our sceptics said it wouldn’t work and that we shouldn’t expect to see any of the money again.  But that conventional wisdom could not have been more wide of the mark.  Here we are 34 years later, with 260 community partners in over 600 locations providing $30-million of NILS loans. The no interest loans scheme has reached more than 155,000 people and our repayment rate is consistently above 95 per cent.  It is a truly great achievement and one which we are very proud of.”

Michelle Crawford, Good Shepherd Microfinance’s Deputy Chief Executive Officer added: “We would like to acknowledge the continued support of National Australia Bank. In our 11 years of partnership they have invested over $130-million in microfinance in Australia.  Together, our goal is to provide fair, safe and affordable financial products and services to one million people living on a low income in Australia by 2018.”

Access to the full reports ‘Life Changing Loans at No Interest’

The Impact Measurement Awards are part of the Annual Measuring Social Outcomes Conference which provides practical guidance on progressing outcomes measurement.