Photo: FileNew Otago zero and low interest community loan schemes are aimed at stamping out predatory lending in the region. Good Shepard New Zealand announced the finance programme in Dunedin today. Presbyterian Support Otago will help people access the loans, which are provided by BNZ. The programme offers the No Interest Loan Scheme (Nils) for between $300 and $1000, which has a maximum 12 month term. One of the first people to access the Otago programme is single mother Sarah*, of Dunedin.

Source: Otago Daily Times September 30, 2019 23:48 UTC