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Today

8:30 AM to 5:00 PM.

Description

Nga Tangata Microfinance Trust was established in 2010 by the Child Poverty Action Group, the New Zealand Council of Christian Social Services and the New Zealand Federation of Family Budgeting Services (NZFFBS). The loan capital is provided by Kiwibank. Good Shepherd Microfinance (GSM), operating in Australia since 1982, has provided advice, support and information.

The organisation has a vision is to alleviate poverty by building a more just and equitable society through promoting the economic and social wellbeing of all those living in Aotearoa New Zealand. Our contribution towards the achievement of this is by advocating for and assisting in the provision of safe, fair and affordable finance options that strengthen financial independence and inclusion.

Ages

Adult / Pakeke, Older adult / Kaumātua

How do I access this service?

Contact us

Access to Nga Tangata's nil interest loans is through partnering budgeting services - for instance, Tamaki Budgeting services the Tamaki area.

Please call our enquiry line 021 941 259 or email info@ntm.org.nz for more information on these services.

Fees and Charges Description

There is no charge for this service.

Hours

8:30 AM to 5:00 PM.

Mon – Fri 8:30 AM – 5:00 PM

Languages Spoken

English

Services Provided

Budgeting and help with debt

Nga Tangata Microfinance offers three loan products which are offered at no interest or fees and are safe, fair and affordable. The first Asset Building Get Ahead loan (with a limit of $3,000*) is to assist with family asset building and wellbeing or essential items or services. This is interpreted broadly – including items such as whiteware, furniture, beds, fence mending, hearing assessment and mobile phones, amongst others. The second loan product Debt-Relief Get Control loan is for relief from high interest debt, including debt consolidation (with a limit of $5,000*). The third loan is combination, the Get Set loan with a limit of $3,000* , which can include an asset purchase (with a limit of $2,000*) and repayment of high interest debt. ELIGIBILITY: Qualifying conditions for all loan applicants include a Community Services Card or a low income and the willingness and capacity to repay the loan within 2 years. Applicants must be NZ residents and over 18 years in age. Nga Tangata Microfinance values the relationship that clients have with a financial mentor for a minimum period of 1 month in order to qualify for a loan, with financial education and literacy occurring alongside our loans being important. These loans may not be for everyone nor every situation (e.g. they are not for urgent situations or emergencies). Nil interest loans that are safe, fair and affordable.

Nga Tangata Microfinance offers three loan products which are offered at no interest or fees and are safe, fair and affordable. The first Asset Building Get Ahead loan (with a limit of $3,000*) is to assist with family asset building and wellbeing or essential items or services. This is interpreted broadly – including items such as whiteware, furniture, beds, fence mending, hearing assessment and mobile phones, amongst others. The second loan product Debt-Relief Get Control loan is for relief from high interest debt, including debt consolidation (with a limit of $5,000*). The third loan is combination, the Get Set loan with a limit of $3,000* , which can include an asset purchase (with a limit of $2,000*) and repayment of high interest debt.

ELIGIBILITY: Qualifying conditions for all loan applicants include a Community Services Card or a low income and the willingness and capacity to repay the loan within 2 years.  Applicants must be NZ residents and over 18 years in age. Nga Tangata Microfinance values the relationship that clients have with a financial mentor for a minimum period of 1 month in order to qualify for a loan, with financial education and literacy occurring alongside our loans being important. These loans may not be for everyone nor every situation (e.g. they are not for urgent situations or emergencies).  

 

Nil interest loans that are safe, fair and affordable. 

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Region

Central Auckland, West Coast, Canterbury, Northland, South Auckland, Hutt, Taranaki, Waitaki, Hawkes Bay, Central Lakes, Central Auckland, Tairāwhiti, West Auckland, South Canterbury, Bay of Plenty, Southland, Waikato, Wellington, Dunedin - South Otago, MidCentral, East Auckland, Nelson Marlborough, Wairarapa, Whanganui, Lakes, North Auckland

Website

Contact Details

8:30 AM to 5:00 PM.

Postal Address

PO Box 99 890
Newmarket
Auckland 1149

This page was last updated at 10:45AM on March 7, 2024. This information is reviewed and edited by Nga Tangata Microfinance Trust.