Community Loan Milestone In Dubbo
Every time Faye Wright, our StepUp Client Coordinator in Dubbo succeeds in obtaining a loan for a client at our Dubbo Community Centre she is well aware she is providing far more than just low-interest finance.
So often our clients have nowhere else to turn and the loan can make a life-transforming difference in their lives.
Our Dubbo StepUP service exceeded the $500,000 loan mark in mid-2015, with more than 190 low-income earners having benefited from a loan since the program’s launch in January 2011.
StepUP loans are provided to low-income earners through community providers across many parts of Australia. The service is an initiative of Good Shepherd Microfinance in partnership with National Australia Bank (NAB). Loans of between $800 to $3000 are offered at a fixed low-interest rate of 5.99% with no other fees and charges.