Fairfield No Interest Loan Scheme

Information session 12 September 2013 – 10.30 am to 1.30 pm

Fairfield RSL – 14 Anzac Avenue, Fairfield (50 metres from the train station)


link to NSW Fairfield No Interest Loan Schema web page


12 Sep 2013

An extract from the NISL……..

The NILS model aimed to:

  • Make cash available as a loan not as charity.
  • Show respect for clients by entering into a professional business relationship – a formal loan agreement.
  • Educate clients to negotiate a loan and, importantly, create a system that would make it easy to pay it back.
  • Charge no interest and encourage people to return the money so that their friends and neighbours may also benefit.

It was not an easy start. There were those who were against the idea, arguing that such a scheme would never work and the money would just disappear.


Don’t forget to send your RSVP  via email by no later than 23rd of August 2013 for Fairfield NILS Building Local Strength & Connection Brunch.

*Note: If you have any dietary requirements, please provide this information with your response to


Karmen Silva

NILS Worker|Fairfield No Interest Loan Scheme| Phone: 02 9609 7400 ext 105 Fax: 02 9757 1094

Working With Cultural Diversity To Create Financial Harmony